S.D. Codified Laws § 29A-6-302

Current through the 2024 Legislative Session
Section 29A-6-302 - Registration in beneficiary form-Sale or joint tenancy ownership

Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more with right of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in beneficiary form hold as joint tenants with right of survivorship, as tenants by the entireties, or as owners of community property held in survivorship form, and not as tenants in common.

SDCL 29A-6-302

SL 1995, ch 168, § 6-302.