Laws of New York (Last Updated: November 21, 2014) |
EPT Estates, Powers and Trusts |
Article 13. OTHER PROVISIONS AFFECTING ESTATES |
Part 4. TRANSFER-ON-DEATH SECURITY REGISTRATION |
Section 13-4.4. Origination of registration in beneficiary form
Latest version.
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A security, whether evidenced by certificate or account, is registered in beneficiary form when the registration includes a designation of a beneficiary to take the ownership at the death of the owner or the deaths of all multiple owners.