17-49a06. Same; effect The designation of a "TOD" or "POD" 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: L. 1994, ch. 44, ยง 6; July 1.
Structure Kansas Statutes
Article 49a - Uniform Transfer On Death Security Registration Act
17-49a02 Registration in beneficiary form; sole or joint tenancy ownership.
17-49a03 Same; applicable law.
17-49a07 Ownership on death of owner.
17-49a08 Protection of registering entity.
17-49a09 Nontestamentary transfer on death.
17-49a10 Registration in beneficiary form; terms, conditions and forms.