N.C. Gen. Stat. § 41-45

Current through Session Law 2024-56

Section 41-45 - Effect of registration in beneficiary form

The designation of a TOD beneficiary on a registration in beneficiary form has no effect on ownership of the security until the owner's death. A registration of a security in beneficiary form may be cancelled or changed at any time by the sole owner or all then-surviving owners, without the consent of the beneficiary.

N.C. Gen. Stat. § 41-45

Added by 2005 N.C. Sess. Laws 411, s. 1, eff. 10/1/2005.