Only individuals whose registration of a security shows sole ownership by one (1) individual or multiple ownership by two (2) or more with right of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in beneficiary form hold as joint tenants with right of survivorship, as tenants by the entireties, or as owners of community property held in survivorship form, and not as tenants in common.
Structure 2021 Tennessee Code
Title 35 - Fiduciaries and Trust Estates
Chapter 12 - Uniform Transfer on Death Security Registration
§ 35-12-102. Chapter Definitions
§ 35-12-103. Who May Obtain Beneficiary Form — Owners Hold as Joint Tenants
§ 35-12-106. Evidence of Beneficiary Form
§ 35-12-107. No Effect Until Death