15-6-303. REGISTRATION IN BENEFICIARY FORM — APPLICABLE LAW. A security may be registered in beneficiary form if the form is authorized by this or a similar statute of the state of organization of the issuer or registering entity, the location of the registering entity’s principal office, the office of its transfer agent or its office making the registration, or by this or a similar statute of the law of the state listed as the owner’s address at the time of registration. A registration governed by the law of a jurisdiction in which this or similar legislation is not in force or was not in force when a registration in beneficiary form was made is nevertheless presumed to be valid and authorized as a matter of contract law.
History:
[15-6-303, added 1996, ch. 303, sec. 1, p. 997.]
Structure Idaho Code
Title 15 - UNIFORM PROBATE CODE
Chapter 6 - NONPROBATE TRANSFERS
Part 3 - UNIFORM TOD SECURITY REGISTRATION ACT
Section 15-6-301 - DEFINITIONS.
Section 15-6-302 - REGISTRATION IN BENEFICIARY FORM — SOLE OR JOINT TENANCY OWNERSHIP.
Section 15-6-303 - REGISTRATION IN BENEFICIARY FORM — APPLICABLE LAW.
Section 15-6-304 - ORIGINATION OF REGISTRATION IN BENEFICIARY FORM.
Section 15-6-305 - FORM OF REGISTRATION IN BENEFICIARY FORM.
Section 15-6-306 - EFFECT OF REGISTRATION IN BENEFICIARY FORM.
Section 15-6-307 - OWNERSHIP ON DEATH OF OWNER.
Section 15-6-308 - PROTECTION OF REGISTERING ENTITY.
Section 15-6-309 - NONTESTAMENTARY TRANSFER ON DEATH.
Section 15-6-310 - TERMS, CONDITIONS AND FORMS FOR REGISTRATION.