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Ohio Revised Code Chapter 1709 - Uniform Transfer-on-death Security Registration Act
Section 1709.01 - Uniform Transfer-on-death Security Registration Act Definitions.
As used in sections 1709.01 to 1709.11 of the Revised Code, unless the context otherwise requires: (A) "Beneficiary form" means a registration of a...
Section 1709.02 - Obtaining Registration In Beneficiary Form.
Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more individuals with a right...
Section 1709.03 - Reciprocity.
A security may be registered in beneficiary form if the form is authorized by sections 1709.01 to 1709.11 of the Revised Code or similar...
Section 1709.04 - When Security Is Registered In Beneficiary Form.
A security, whether evidenced by a certificate or account, is registered in beneficiary form when the registration includes a designation of a beneficiary to...
Section 1709.05 - Using Transfer-on-death Or Tod.
Registration in beneficiary form may be shown by the words "transfer-on-death" or the abbreviation "TOD," after the name of the registered owner and before...
Section 1709.06 - Effect Of Designation Of Transfer-on-death.
The designation of a transfer-on-death beneficiary on a registration in beneficiary form has no effect on ownership until the death of the owner of...
Section 1709.07 - Death Of Sole Owner Or Last To Die Of All Multiple Owners.
Subject to the limitations of section 5731.39 of the Revised Code, on the death of a sole owner or the last to die of...
Section 1709.08 - Registering Entity.
(A) A registering entity is not required to offer or to accept requests for security registration in beneficiary form. If a registration in beneficiary...
Section 1709.09 - Transfer-on-death Is Not Testamentary.
(A) Any transfer-on-death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner of...
Section 1709.10 - Establish Terms And Conditions.
(A) A registering entity offering to accept registrations in beneficiary form may establish the terms and conditions under which it will receive and implement...
Section 1709.11 - Uniform Transfer-on-death Security Registration Act.
(A) Sections 1709.01 to 1709.11 of the Revised Code shall be known as and may be cited as the "Uniform Transfer-on-Death Security Registration Act."...
Last modified: October 10, 2016