Ala. Code § 8-6-143

Current through the 2024 Regular Session.

Section 8-6-143 - Registration - Designation of a beneficiary

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.

Ala. Code § 8-6-143 (1975)

Acts 1997, No. 97-703, p. 1451, §4.