North Carolina § 41-45 Effect of registration in beneficiary form

North Carolina Statutes

§ 41-45 — Effect of registration in beneficiary form

North Carolina·Ch. 41 Estates·Art. 4 The Uniform Transfer on Death (TOD) Security Registration Act

The designation of a TOD beneficiary on a registration in beneficiary form has no effect on ownership of the security until the owner's death. A registration of a security in beneficiary form may be cancelled or changed at any time by the sole owner or all then-surviving owners, without the consent of the beneficiary. (2005-411, s. 1.)

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