California Statutes
§ 5506. — 5506. (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
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.
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California § 5506. (5506. (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.