Miss. Code § 63-21-253

Current through the 2024 Regular Session
Section 63-21-253 - Transfer of owner's interest in motor vehicle on owner's death; designation of beneficiary
(1) An owner of a motor vehicle may transfer the owner's interest in the motor vehicle to a sole beneficiary effective on the owner's death by designating a beneficiary as provided by Section 63-21-261.
(2) A beneficiary designation is:
(a) Subject to Section 63-21-255, revocable and may be changed at any time without the consent of the designated beneficiary as provided by Section 63-21-261;
(b) A nontestamentary instrument; and
(c) Effective without:
(A) Notice or delivery to or acceptance by the designated beneficiary during the owner's life; or
(B) Consideration.
(3) A will may not revoke or supersede a beneficiary designation, regardless of when the will is made.
(4) A designated beneficiary may disclaim the designated beneficiary's interest in the motor vehicle as provided by applicable law.

Miss. Code § 63-21-253

Added by Laws, 2022, ch. 413, HB 1430,§ 2, eff. 7/1/2022.