New Jersey Statutes - Title 3B Administration of Estates--decedents and Others - 3B:30-7 No effect on ownership, cancellation, change permitted
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New Jersey Laws > Administration of Estates Decedents and Others > New Jersey Statutes - Title 3B Administration of Estates--decedents and Others - 3B:30-7 No effect on ownership, cancellation, change permitted
3B:30-7. No effect on ownership, cancellation, change permitted
7. The designation of a TOD beneficiary on a registration in beneficiary form has no effect on ownership until the owner's death. A registration of a security in beneficiary form may be cancelled or changed at any time by the sole owner or all then surviving owners, without the consent of the beneficiary.
L.1995,c.130,s.7.
Sections: 28-18 28-19 29-1 30-1 30-2 30-3 30-4 30-5 30-6 30-7 30-8 30-9 30-10 30-11 30-12
Last modified: February 13, 2012
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