Statutes, codes, and regulations
Illinois Compiled Statutes
BUSINESS AND EMPLOYMENTChapter 815 - BUSINESS TRANSACTIONSSubchapter - SECURITIES
Act 10 - UNIFORM TOD SECURITY REGISTRATION ACT
Section 815 ILCS 10/4 - Origination of registration in beneficiary form

815 ILCS 10/4

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Current through Public Act 103-593
Section 815 ILCS 10/4 - Origination of registration in beneficiary form

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.

815 ILCS 10/4

P.A. 88-577, eff. 1/1/1995.