Section 13-4.2. Registration in beneficiary form; sole or joint tenancy  


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  • ownership
        Only individuals whose registration of a security shows sole ownership
      by one individual or multiple ownership by two or  more  with  right  of
      survivorship,  rather than as tenants in common, may obtain registration
      in beneficiary  form.  Multiple  owners  of  a  security  registered  in
      beneficiary  form  hold  as joint tenants with right of survivorship, as
      tenants by the entireties or as owners of  community  property  held  in
      survivorship form, and not as tenants in common.