Montana Statutes

§ 72-6-306 — Effect Of Registration In Beneficiary Form

Montana·Title 72 ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS·Ch. 6 NONPROBATE TRANSFERS ON DEATH·Part 3 Uniform TOD Security Registration Act
72-6-306 . Effect of registration in beneficiary form. 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

En. Sec. 108, Ch. 494, L. 1993.

Nearby Sections

15
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