North Dakota § 30.1-31-23 (6-303) Registration in beneficiary form - Applicable law

North Dakota Statutes

§ 30.1-31-23 — (6-303) Registration in beneficiary form - Applicable law

North Dakota·Title 30.1 Uniform Probate Code·Ch. 30.1-31 Nonprobate Transfers on Death

A security may be registered in beneficiary form if the form is authorized by this or a similar
statute of the state of organization of the issuer or registering entity, the location of the
registering entity's principal office, the office of its transfer agent or its office making the
registration, or by this or a similar statute of the law of the state listed as the owner's address at
the time of registration. A registration governed by the law of a jurisdiction in which this or similar
legislation is not in force or was not in force when a registration in beneficiary form was made is
nevertheless presumed to be valid and authorized as a matter of contract law.

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A security may be registered in beneficiary form if the form is authorized by this or a similar
statute of the state of organization of the issuer or registering entity, the location of the
registering entity's principal office, the office of its transfer agent or its office making the
registration, or by this or a similar statute of the law of the state listed as the owner's address at
the time of registration. A registration governed by the law of a jurisdiction in which this or similar
legislation is not in force or was not in force when a registration in beneficiary form was made is
nevertheless presumed to be valid and authorized as a matter of contract law.

North Dakota § 30.1-31-23 ((6-303) Registration in beneficiary form - Applicable law) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.