Section 13-4.6. Effect of registration in beneficiary form

(a)  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 canceled or
  changed at any time by the sole  owner  or  all  then  surviving  owners
  without the consent of the beneficiary.
    (b) A registration in beneficiary form can be revoked or amended by an
  express  direction in the owner's will which specifically refers to such
  registration.