Illinois Compiled Statutes 815 Business Transactions: Article -
- Illinois Uniform Tod Security Registration Act. - 815 ILCS 10, Section 0.01
Short title. This Act may be cited as the Uniform TOD Security Registration Act. (Source: P.A. 88-577, eff. 1/1/95.)
- Illinois Uniform Tod Security Registration Act. - 815 ILCS 10, Section 1
Definitions. In this Act, unless the context otherwise requires: (1) "Beneficiary form" means a registration of a security which indicates the present owner of the...
- Illinois Uniform Tod Security Registration Act. - 815 ILCS 10, Section 2
Registration in beneficiary form; sole or joint tenancy ownership. Only individuals whose registration of a security shows sole ownership by one individual or multiple...
- Illinois Uniform Tod Security Registration Act. - 815 ILCS 10, Section 3
Registration in beneficiary form; applicable law. A security may be registered in beneficiary form if the form is authorized by this or a similar...
- Illinois Uniform Tod Security Registration Act. - 815 ILCS 10, Section 4
Origination of registration in beneficiary form. A security, whether evidenced by certificate or account, is registered in beneficiary form when the registration includes a...
- Illinois Uniform Tod Security Registration Act. - 815 ILCS 10, Section 5
Form of registration in beneficiary form. Registration in beneficiary form may be shown by the words "transfer on death" or the abbreviation "TOD", or...
- Illinois Uniform Tod Security Registration Act. - 815 ILCS 10, Section 6
Effect of registration in beneficiary form and cancellation. The designation of a TOD beneficiary on a registration in beneficiary form has no effect on...
- Illinois Uniform Tod Security Registration Act. - 815 ILCS 10, Section 7
Ownership on death of owner. On death of a sole owner or the last to die of all multiple owners, ownership of securities registered...
- Illinois Uniform Tod Security Registration Act. - 815 ILCS 10, Section 8
Protection of registering entity. (a) A registering entity is not required to offer or to accept a request for security registration in beneficiary form....
- Illinois Uniform Tod Security Registration Act. - 815 ILCS 10, Section 9
Nontestamentary transfer on death. (a) A transfer on death resulting from a registration in beneficiary form is effective by reason of the contract regarding...
- Illinois Uniform Tod Security Registration Act. - 815 ILCS 10, Section 10
Terms, conditions, and forms for registration. (a) A registering entity offering to accept registrations in beneficiary form may establish the terms and conditions under...
- Illinois Uniform Tod Security Registration Act. - 815 ILCS 10, Section 11
Short title; rules of construction. (1) Short title. See Section 0.01. (2) This Act shall be liberally construed and applied to promote its underlying...
- Illinois Uniform Tod Security Registration Act. - 815 ILCS 10, Section 12
Application of Act. This Act applies to registrations of securities in beneficiary form made before, on, or after the effective date of this Act,...
Last modified: February 18, 2015