Del. Code tit. 12 § 806

Current through 2024 Legislative Session Act Chapter 269

Section 806 - 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 canceled or changed at any time by the sole owner or all then surviving owners without the consent of the beneficiary.

12 Del. C. § 806

70 Del. Laws, c. 394, § 1.;