15-6-306. EFFECT OF REGISTRATION IN BENEFICIARY FORM. The designation of a TOD beneficiary on a registration in beneficiary form has no 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.
History:
[15-6-306, 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.