Code of Virginia - Title 64.1 Wills And Decedents' Estates - Chapter 10 Uniform Transfers On Death

• 64.1-206.1 Definitions
  In this chapter, unless the context otherwise requires: "Beneficiary form" means a registration of a security which indicates the present owner of the security and ...
• 64.1-206.2 Registration in beneficiary form; sole or joint tenancy ownership; applicable law
  A. Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more with right of survivorship, ...
• 64.1-206.3 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 the ...
• 64.1-206.4 Form of registration in beneficiary form; effect
  Registration in beneficiary form may be shown by the words "transfer on death" or the abbreviation "TOD," or by the words "pay on death" or ...
• 64.1-206.5 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 any ...
• 64.1-206.6 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 beneficiary ...
• 64.1-206.7 Nontestamentary transfer on death
  A transfer on death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner and ...
• 64.1-206.8 Terms, conditions, and forms for registration; examples
  A. A registering entity offering to accept registrations in beneficiary form may establish the terms and conditions under which it will receive requests (i) for ...

Last modified: April 3, 2009