Mass. Gen. Laws ch. 190B § 6-302

Current through Chapter 223 of the 2024 Legislative Session
Section 190B:6-302 - Registration in beneficiary form; sole or joint tenancy ownership

Only individuals whose registration of a security shows sole ownership by 1 individual or multiple ownership by 2 or more with rights 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 rights of survivorship, or as tenants by the entireties, and not as tenants in common.

Mass. Gen. Laws ch. 190B, § 6-302

Added by Acts 2008, c. 521,§ 9, eff. 7/1/2011.