New Mexico Statutes

§ 45-6-302 — Registration in beneficiary form; sole or joint tenancy

New Mexico·Ch. 45 Uniform Probate Code·Art. 6 Nonprobate Transfers
ownership. 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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New Mexico § 45-6-302 (Registration in beneficiary form; sole or joint tenancy) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

1978 Comp., § 45-6-302, enacted by Laws 1992, ch. 66, § 38.

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