Alabama Statutes
§ 8-6-143 — Registration - Designation of a Beneficiary
Alabama·Title 8 Commercial Law and Consumer Protection·Ch. 6 Securities·Art. 6 Uniform Transfer on Death Security Registration Act
A security, whether evidenced by certificate or account, is registered in beneficiary form when the registration includes a designation of a beneficiary to take the ownership at the death of the owner or the deaths of all multiple owners.
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Legislative History
(Acts 1997, No. 97-703, p. 1451, §4.)
Nearby Sections
15
§ 8-1-120
Definitions