N.M. Stat. § 45-6-306

Current through 2024, ch. 69

Section 45-6-306 - 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.

NMS § 45-6-306

1978 Comp., § 45-6-306, enacted by Laws 1992, ch. 66, § 42.