New Mexico Statutes

§ 45-6-306 — Effect of registration in beneficiary form

New Mexico·Ch. 45 Uniform Probate Code·Art. 6 Nonprobate Transfers
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

1978 Comp., § 45-6-306, enacted by Laws 1992, ch. 66, § 42.

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