Kansas § 17-49a02 Registration in beneficiary form; sole or joint tenancy ownership

Kansas Statutes

§ 17-49a02 — Registration in beneficiary form; sole or joint tenancy ownership

Kansas·Ch. 17 CORPORATIONS·Art. 49a UNIFORM TRANSFER ON DEATH SECURITY REGISTRATION ACT

Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more 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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Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more 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.

Kansas § 17-49a02 (Registration in beneficiary form; sole or joint tenancy ownership) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.