The designation of a TOD beneficiary on a registration in beneficiary form does not have an effect on ownership until the owner's death. A registration of a security in beneficiary form may be canceled or changed at any time by the sole owner or all then surviving owners without the consent of the beneficiary.
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.