§ 21.35.030. Designation of a TOD or POD beneficiary -- Effect on ownership -- Cancellation or change
The designation of a TOD or POD beneficiary on a registration in beneficiary form has no effect on ownership of the security until the owner's death, or on community property rights and obligations of owners. A registration of a security in beneficiary form may be canceled or changed at any time by the sole owner or all then surviving owners, without the consent of the beneficiary.
[1993 c 287 § 6.]
Sections: Previous 21.35.005 21.35.010 21.35.015 21.35.020 21.35.025 21.35.030 21.35.035 21.35.040 21.35.045 21.35.050 21.35.900 21.35.901 NextLast modified: April 7, 2009