California Statutes
§ 5506. — 5506. (Added by Stats. 1998, Ch. 242, Sec. 2.)
California § 5506.
JurisdictionCalifornia
Code PROBProbate Code - PROB
Div. 5.DIVISION 5. NONPROBATE TRANSFERS
Part 3.PART 3. UNIFORM TOD SECURITY REGISTRATION ACT
This text of California § 5506. (5506. (Added by Stats. 1998, Ch. 242, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Probate Code - PROB Code § 5506. (2026).
Text
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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Legislative History
Added by Stats. 1998, Ch. 242, Sec. 2. Effective January 1, 1999.
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California § 5506., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PROB/5506..