Rhode Island Statutes

§ 7-11.1-7 — § 7-11.1-7. Effect of registration in beneficiary form.

Rhode Island·Title 7 Corporations, Associations and Partnerships·Ch. 7-11.1 The Uniform Transfer on Death Security Registration Act

§ 7-11.1-7. Effect of registration in beneficiary form.

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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Rhode Island § 7-11.1-7 (§ 7-11.1-7. Effect of registration in beneficiary form.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

P.L. 1998, ch. 260, § 1.

Nearby Sections

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