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.
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