Washington § 21.35.015 Registering a security in beneficiary form—Authorization.

Washington Statutes

§ 21.35.015 — Registering a security in beneficiary form—Authorization.

Washington § 21.35.015

Title 21SECURITIES AND INVESTMENTS

Ch. 21.35UNIFORM TRANSFER ON DEATH SECURITY REGISTRATION ACT

This text of Washington § 21.35.015 (Registering a security in beneficiary form—Authorization.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wash. Rev. Code § 21.35.015 (2026).

Text

A registering entity may register a security in beneficiary form if the form is authorized by this chapter or a substantially identical statute of another state if the state is:

(1)The state of organization of the issuer or registering entity, (2) the location of the registering entity's principal office, (3) the location of the office of its transfer agent or its office making the registration, or (4) the location of the owner's listed address at the time of registration. A registration governed by the law of a jurisdiction in which this or substantially identical 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 registering entity may register a security in beneficiary form if the form is authorized by this chapter or a substantially identical statute of another state if the state is: (1) The state of organization of the issuer or registering entity, (2) the location of the registering entity's principal office, (3) the location of the office of its transfer agent or its office making the registration, or (4) the location of the owner's listed address at the time of registration. A registration governed by the law of a jurisdiction in which this or substantially identical 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.