Section 13-4.6 - Effect of registration in beneficiary form(a) 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.(b) A registration in beneficiary form can be revoked or amended by an express direction in the owner's will which specifically refers to such registration.