Section 8-6-143


Published: 2015

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Section 8-6-143

Section 8-6-143Registration - Designation of a beneficiary.

A security, whether evidenced by certificate or account, is registered in beneficiary form when the registration includes a designation of a beneficiary to take the ownership at the death of the owner or the deaths of all multiple owners.

(Acts 1997, No. 97-703, p. 1451, §4.)