(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 title and is not testamentary.
(b) This title does not limit the rights of creditors of security owners against beneficiaries and other transferees under other laws of this State.
Structure Maryland Statutes
Title 16 - Maryland Uniform Transfer-on-Death (Tod) Security Registration Act
Section 16-102 - Registration in Beneficiary Form -- Sole or Joint Tenancy Ownership
Section 16-103 - Registration in Beneficiary Form -- Applicable Law
Section 16-104 - Registration in Beneficiary Form -- Origination
Section 16-105 - Registration in Beneficiary Form -- Form
Section 16-106 - Registration in Beneficiary Form -- Effect
Section 16-107 - Ownership on Death of Owner
Section 16-108 - Protection of Registering Entity
Section 16-109 - Nontestamentary Transfer-on-Death; Rights of Creditors
Section 16-110 - Terms, Conditions, and Forms for Registration