17-49a09. Nontestamentary transfer on death. (a) 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 act and is not testamentary.
(b) This act does not limit the right of creditors of security owners against beneficiaries and other transferees under other laws of this state.
History: L. 1994, ch. 44, ยง 9; 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.