§ 633D.7 — Effect of registration in beneficiary form

Iowa § 633D.7

• Jurisdiction: Iowa
• Title XV: JUDICIAL BRANCH AND JUDICIAL PROCEDURES
• Ch. 633D: TRANSFER ON DEATH SECURITY REGISTRATION

Text

The designation of a transfer on death or pay on death 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
surviving owners without the consent of the beneficiary.