S.D. Codified Laws § 29A-6-306

Current through the 2024 Legislative Session
Section 29A-6-306 - 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.

SDCL 29A-6-306

SL 1995, ch 168, § 6-306.