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Section 63-21-255 - Beneficiary designation by joint owners with right of survivorship — Mississippi Law | CourtGPT
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  7. Section 63-21-255 - Beneficiary designation by joint owners with right of survivorship
Mississippi Legal Code

Section 63-21-255 - Beneficiary designation by joint owners with right of survivorship

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(1) If a motor vehicle that is the subject of a beneficiary designation is owned by joint owners with right of survivorship, the beneficiary designation must be made by all of the joint owners.(2) A beneficiary designation made by joint owners with right of survivorship: (a) May be revoked or changed as provided by Section 63-21-261, only if it is revoked or changed by all of the joint owners; and(b) May be revoked or changed by the last surviving joint owner as provided by Section 63-21-261.Added by Laws, 2022, ch. 413, HB 1430,§ 3, eff. 7/1/2022.