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§ 6406. Effect of registration in beneficiary form

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 20 Pa.C.S.A. Decedents, Estates and Fiduciaries

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 20 Pa.C.S.A. Decedents, Estates and Fiduciaries (Refs & Annos)
Chapter 64. Transfer on Death Security Registration (Refs & Annos)
20 Pa.C.S.A. § 6406
§ 6406. Effect of registration in beneficiary form
Currentness
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.

Credits

1996, Dec. 18, P.L. 1118, No. 168, § 1, effective in 60 days.
20 Pa.C.S.A. § 6406, PA ST 20 Pa.C.S.A. § 6406
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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