Del. Code tit. 12 § 802

Current through 2024 Legislative Session Act Chapter 269

Section 802 - Registration in beneficiary form; sole or joint tenancy ownership

Only individuals whose registration of a security shows sole ownership by 1 individual or multiple ownership by 2 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.

12 Del. C. § 802

70 Del. Laws, c. 394, § 1.;