Tenn. Code § 35-12-107

Current through Acts 2023-2024, ch. 1069
Section 35-12-107 - No effect until death

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 cancelled or changed at any time by the sole owner or all then surviving owners without the consent of the beneficiary.

T.C.A. § 35-12-107

Acts 1995, ch. 471, § 1.