§ 563-c-7

563-C:7 Effect of Registration in Beneficiary Form. – The designation of a TOD beneficiary on a registration in beneficiary form has no effect on ownership until the owner's death. A registration of a security in beneficiary form may be cancelled or changed at any time by the sole owner or all then surviving owners without the consent of the beneficiary. Source. 1997, 231:1, eff. Jan. 1, 1998.