Alaska Statutes Title 13, Chapter 13.33, Article 03 - Uniform Transfer-On-death Security Registration Act
- Sec. 13.33.301 Definitions.
In AS 13.33.301 - 13.33.310,(1) "beneficiary form" means a registration of a security that indicates the present owner of the security and the intention...
- Sec. 13.33.302 Registration in Beneficiary Form; Sole or Multiple Ownership.
Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more with right of survivorship,...
- Sec. 13.33.303 Registration in Beneficiary Form; Applicable Law.
(a) A security may be registered in beneficiary form if the form is authorized by this or a similar TOD statute of the state...
- Sec. 13.33.304 Origination of Registration in Beneficiary Form.
A security, whether evidenced by certificate or account, is registered in beneficiary form when the registration includes a designation of a beneficiary to take...
- Sec. 13.33.305 Form of Registration in Beneficiary Form.
Registration in beneficiary form may be shown by the words "transfer on death" or the abbreviation "TOD," or by words "pay on death" or...
- Sec. 13.33.306 Effect, Cancellation, and Change of Registration in Beneficiary Form.
The designation of a TOD beneficiary on a registration in beneficiary form does not have an effect on ownership until the owner's death. A...
- Sec. 13.33.307 Ownership on Death of Owner.
On death of a sole owner or the last to die of all multiple owners, ownership of securities registered in beneficiary form passes to...
- Sec. 13.33.308 Protection of Registering Entity.
(a) A registering entity is not required to offer or to accept a request for security registration in beneficiary form. If a registration in...
- Sec. 13.33.309 Nontestamentary Transfer on Death.
(a) A transfer on death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the...
- Sec. 13.33.310 Terms, Conditions, and Forms for Registration.
(a) A registering entity offering to accept registrations in beneficiary form may establish the terms and conditions under which it will receive requests for...
Last modified: November 15, 2016