California Statutes
§ 5502. — 5502. (Added by Stats. 1998, Ch. 242, Sec. 2.)
California·Code PROB Probate Code - PROB·Div. 5. DIVISION 5. NONPROBATE TRANSFERS·Part 3. PART 3. UNIFORM TOD SECURITY REGISTRATION ACT
Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more individuals with right of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in beneficiary form hold as joint tenants with right of survivorship, as tenants by the entireties, or as owners of community property held in survivorship form, and not as tenants in common.
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California § 5502. (5502. (Added by Stats. 1998, Ch. 242, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1998, Ch. 242, Sec. 2. Effective January 1, 1999.