D.C. Code § 19-603.04

Current through codified legislation effective September 18, 2024
Section 19-603.04 - Origination of registration in beneficiary form

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.

D.C. Code § 19-603.04

Apr. 27, 2001, D.C. Law 13-292, § 302(b), 48 DCR 2087.

Uniform Law: This section is based upon § 304 of the Uniform Nonprobate Transfers on Death Act (1991 Act).