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 Delaware Code
Title 12 - Decedents' Estates and Fiduciary Relations
Chapter 8. UNIFORM TOD SECURITY REGISTRATION ACT
§ 802. Registration in beneficiary form — sole or joint tenancy ownership.
§ 803. Registration in beneficiary form — applicable law.
§ 804. Origination of registration in beneficiary form.
§ 805. Form of registration in beneficiary form.
§ 806. Effect of registration in beneficiary form.
§ 807. Ownership on death of owner.
§ 808. Protection of registering entity.
§ 809. Nontestamentary transfer on death.