§ 11.11.003. Purposes
The purposes of this chapter are to:
(1) Enhance and facilitate the power of testators to control the disposition of assets that pass outside their wills;
(2) Provide simple procedures for resolution of disputes regarding entitlement to such assets; and
(3) Protect any financial institution or other third party having possession of or control over such an asset and transferring it to a beneficiary duly designated by the testator, unless that third party has been provided notice of a testamentary disposition as required in this chapter.
[1998 c 292 § 102.]
Sections: 11.11.003 11.11.005 11.11.007 11.11.010 11.11.020 11.11.030 11.11.040 11.11.050 11.11.060 11.11.070 11.11.080 11.11.090 11.11.100 11.11.110 11.11.900 NextLast modified: April 7, 2009