§6-302. Registration in beneficiary form; sole or joint tenancy ownership
Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by 2 or more individuals with right of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in beneficiary form hold as joint tenants with right of survivorship and not as tenants in common. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
SECTION HISTORY
PL 2017, c. 402, Pt. A, §2 (NEW). PL 2017, c. 402, Pt. F, §1 (AFF). PL 2019, c. 417, Pt. B, §14 (AFF).
Structure Maine Revised Statutes
Article 6: NONPROBATE TRANSFERS ON DEATH
Part 3: TRANSFER ON DEATH SECURITY REGISTRATION
18-C §6-302. Registration in beneficiary form; sole or joint tenancy ownership
18-C §6-303. Registration in beneficiary form; applicable law
18-C §6-304. Origination of registration in beneficiary form
18-C §6-305. Form of registration in beneficiary form
18-C §6-306. Effect of registration in beneficiary form
18-C §6-307. Ownership on death of owner
18-C §6-308. Protection of registering entity
18-C §6-309. Nontestamentary transfer on death