A transfer on death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner and the registering entity and this article, and is not testamentary.
This article does not limit the rights of creditors of security owners against beneficiaries and other transferees under other laws of the Commonwealth.
1994, c. 422, § 64.1-206.7; 2012, c. 614.
Structure Code of Virginia
Title 64.2 - Wills, Trusts, and Fiduciaries
Chapter 6 - Transfers without Qualification
§ 64.2-601. Payment or delivery of small asset by affidavit
§ 64.2-602. Payment or delivery of small asset valued at $25,000 or less without affidavit
§ 64.2-603. Discharge and release of payor
§ 64.2-604. Payment or delivery of small asset; funeral expenses
§ 64.2-605. Construction of article
§ 64.2-607. Transfer of evidences of indebtedness, securities, and stock held in decedents' estates
§ 64.2-608. Transfer of securities of nonresident decedents
§ 64.2-609. Money and personal property belonging to nonresident decedents
§ 64.2-610. When court may allow another to qualify on estate
§ 64.2-611. Disposition by sheriff of property when no person entitled thereto
§ 64.2-613. Registration in beneficiary form; sole or joint tenancy ownership; applicable law
§ 64.2-614. Origination of registration in beneficiary form
§ 64.2-615. Form of registration in beneficiary form; effect
§ 64.2-616. Ownership on death of owner
§ 64.2-617. Protection of registering entity
§ 64.2-618. Nontestamentary transfer on death
§ 64.2-619. Terms, conditions, and forms for registration; examples
§ 64.2-620. Nonprobate transfers on death
§ 64.2-624. Transfer on death deed authorized
§ 64.2-625. Transfer on death deed revocable
§ 64.2-626. Transfer on death deed nontestamentary
§ 64.2-627. Capacity of transferor
§ 64.2-629. Notice, delivery, acceptance, consideration not required
§ 64.2-630. Revocation by instrument authorized; revocation by act not permitted
§ 64.2-631. Effect of transfer on death deed during transferor's life
§ 64.2-632. Effect of transfer on death deed at transferor's death
§ 64.2-634. Liability for creditor claims and statutory allowances
§ 64.2-635. Optional form of transfer on death deed
§ 64.2-636. Optional form of revocation
§ 64.2-637. Uniformity of application and construction
§ 64.2-638. Relation to federal Electronic Signatures in Global and National Commerce Act