The designation of a TOD 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 cancelled or changed at any time by the sole owner or all the surviving owners without the consent of the beneficiary.
Structure Mississippi Code
Chapter 21 - Uniform Transfer-on-Death Security Registration Act
§ 91-21-5. Registration in beneficiary form; sole or joint tenancy ownership
§ 91-21-7. Registration in beneficiary form; applicable law
§ 91-21-9. Origination of registration in beneficiary form
§ 91-21-11. Form of registration in beneficiary form
§ 91-21-13. Effect of registration in beneficiary form