North Carolina § 41-41 Registration in beneficiary form; sole or joint tenancy ownership

North Carolina Statutes

§ 41-41 — Registration in beneficiary form; sole or joint tenancy ownership

North Carolina § 41-41

Ch. 41Estates

Art. 4The Uniform Transfer on Death (TOD) Security Registration Act

This text of North Carolina § 41-41 (Registration in beneficiary form; sole or joint tenancy ownership) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.C. Gen. Stat. § 41-41 (2026).

Text

Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more individuals 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. (2005-411, s. 1.)

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Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more individuals 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. (2005-411, s. 1.)