20 Pa. C.S. § 6406

Current through Pa Acts 2024-53, 2024-56 through 2024-92

Section 6406 - Effect of registration in beneficiary form

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.

20 Pa.C.S. § 6406

1996, Dec. 18, P.L. 1118, No. 168, § 1, effective in 60 days.