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 Alaska Statutes
Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions
Chapter 33. Nonprobate Transfers
Article 3. Uniform Transfer-On-Death Security Registration Act.
Sec. 13.33.302. Registration in beneficiary form; sole or multiple ownership.
Sec. 13.33.303. Registration in beneficiary form; applicable law.
Sec. 13.33.304. Origination of registration in beneficiary form.
Sec. 13.33.305. Form of registration in beneficiary form.
Sec. 13.33.306. Effect, cancellation, and change of registration in beneficiary form.
Sec. 13.33.307. Ownership on death of owner.
Sec. 13.33.308. Protection of registering entity.
Sec. 13.33.309. Nontestamentary transfer on death.
Sec. 13.33.310. Terms, conditions, and forms for registration.