Arkansas Code Title 28, Subtitle 2, Chapter 14 - Uniform Tod Security Registration Act

• § 28-14-101 - Definitions.
  In this chapter, unless the context otherwise requires: (1) "Beneficiary form" means a registration of a security which indicates the present owner of the...
• § 28-14-102 - Registration in Beneficiary Form -- Sole or Joint Tenancy 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,...
• § 28-14-103 - Registration in Beneficiary Form -- Applicable Law.
  A security may be registered in beneficiary form if the form is authorized by this or a similar statute of the state of organization...
• § 28-14-104 - 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...
• § 28-14-105 - 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 the words "pay on death"...
• § 28-14-106 - Effect of Registration in Beneficiary Form.
  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...
• § 28-14-107 - 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...
• § 28-14-108 - 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...
• § 28-14-109 - 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...
• § 28-14-110 - 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 (i)...
• § 28-14-111 - Short Title -- Rules of Construction.
  (1) This chapter shall be known as and may be cited as the "Uniform TOD Security Registration Act."(2) This chapter shall be liberally construed...
• § 28-14-112 - Application of Act.
  This act applies to registrations of securities in beneficiary form made before or after August 13, 1993, by decedents dying on or after August...

Last modified: November 15, 2016