§ 16-109. Nontestamentary transfer of securities on death
West's Annotated Code of MarylandEstates and Trusts
MD Code, Estates and Trusts, § 16-109
§ 16-109. Nontestamentary transfer of securities on death
(a) A transfer-on-death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner and the registering entity and this title and is not testamentary.
Credits
Added by Acts 1994, c. 644, § 1, eff. Oct. 1, 1994.
MD Code, Estates and Trusts, § 16-109, MD EST & TRST § 16-109
Current with all legislation from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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