Fla. Stat. § 711.506

Current through the 2024 Legislative Session
Section 711.506 - Effect of registration in beneficiary form

The designation of a transfer-on-death 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.

Fla. Stat. § 711.506

s. 3, ch. 94-216.