Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more individuals with a right of survivorship, rather than ownership as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in beneficiary form hold as joint tenants with a right of survivorship and not as tenants in common.
Effective Date: 10-01-1993
Section: 1709.01 1709.02 1709.03 1709.04 1709.05 1709.06 1709.07 1709.08 1709.09 1709.10 1709.11 NextLast modified: October 10, 2016