Revised Code of Washington - RCW Title 21 Securities And Investments - Section 21.35.045 Transfer on death -- Contract -- Rights of creditors

§ 21.35.045. Transfer on death -- Contract -- Rights of creditors

(1) 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 the registering entity and this chapter and is not testamentary.

(2) This chapter does not limit the rights of creditors of security owners against beneficiaries and other transferees under other laws of this state.

[1993 c 287 § 9.]

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Last modified: April 7, 2009