(1) A transfer on death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner and the registering entity and ORS 59.535 to 59.585, and is not testamentary.
(2) ORS 59.535 to 59.585 do not limit the rights of creditors of security owners against beneficiaries and other transferees under other laws of this state. [1991 c.306 §9]
Section: Previous 59.540 59.545 59.550 59.555 59.560 59.565 59.570 59.575 59.580 59.585 59.610 59.620 59.660 59.670 59.680 NextLast modified: August 7, 2008