Mass. Gen. Laws ch. 190B § 6-306

Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session
Section 190B:6-306 - Effect of registration in beneficiary form

The designation of a transfer on death beneficiary on a registration in beneficiary form shall have 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 surviving owners without the consent of the beneficiary.

Mass. Gen. Laws ch. 190B, § 6-306

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