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§ 6403. Law applicable to registration

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. § 6403
§ 6403. Law applicable to registration
A security may be registered in beneficiary form if the form is authorized by this or a similar statute of the state of organization of the issuer or registering entity, the location of the registering entity's principal office, the office of its transfer agent or its office making the registration or by this or a similar statute of the law of the state listed as the owner's address at the time of registration. A registration governed by the law of a jurisdiction in which this or similar 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.

Credits

1996, Dec. 18, P.L. 1118, No. 168, § 1, effective in 60 days.
20 Pa.C.S.A. § 6403, PA ST 20 Pa.C.S.A. § 6403
Current through the end of the 2023 Regular Session. Some statute sections may be more current, see credits for details.
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