Section 6–306. [Effect of Registration in Beneficiary Form.]
The designation of a transfer on death beneficiary on a registration in beneficiary form shall have 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 surviving owners without the consent of the beneficiary.
Structure Massachusetts General Laws
Part II - Real and Personal Property and Domestic Relations
Chapter 190b - Massachusetts Uniform Probate Code
Article VI - Nonprobate Transfers on Death
Section 6-101 - Nonprobate Transfers on Death
Section 6-302 - Registration in Beneficiary Form; Sole or Joint Tenancy Ownership
Section 6-303 - Registration in Beneficiary Form; Applicable Law
Section 6-304 - Origination of Registration in Beneficiary Form
Section 6-305 - Form of Registration in Beneficiary Form
Section 6-306 - Effect of Registration in Beneficiary Form
Section 6-307 - Ownership on Death of Owner
Section 6-308 - Protection of Registering Entity
Section 6-309 - Nontestamentary Transfer on Death
Section 6-310 - Terms, Conditions, and Forms for Registration