Effective - 28 Aug 1995
461.014. Transferring entity, obligation resulting from acceptance and registration. — When a transferring entity accepts a beneficiary designation or beneficiary assignment, or registers property in beneficiary form, the acceptance or registration constitutes the agreement of the owner and transferring entity that, unless the beneficiary designation is revoked or changed prior to the owner's death, on proof of death of the owner and compliance with the transferring entity's requirements for showing proof of entitlement, the property will be transferred to and placed in the name and control of the beneficiary in accordance with the beneficiary designation or transfer on death direction, the agreement of the parties and sections 461.003 to 461.081.
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(L. 1989 H.B. 145 § 21, A.L. 1995 S.B. 116)
Structure Missouri Revised Statutes
Title XXXI - Trusts and Estates of Decedents and Persons Under Disability
Chapter 461 - Nonprobate Transfers Law
Section 461.001 - Transfers on death, certain provisions deemed nontestamentary, exceptions.
Section 461.003 - Law, how cited.
Section 461.005 - Definitions.
Section 461.012 - Nonprobate transfers subject to agreement of transferring entity, when.
Section 461.014 - Transferring entity, obligation resulting from acceptance and registration.
Section 461.021 - Beneficiary designation under written instrument or law, effect.
Section 461.023 - Assignments effective on death of owner — delivery, effect.
Section 461.025 - Deeds effective on death of owner — recording, effect.
Section 461.026 - Procedure to transfer tangible personal property to take effect on death of owner.
Section 461.033 - Revocation or change of beneficiaries designation.
Section 461.042 - Survival required.
Section 461.045 - Lineal descendant substitutes.
Section 461.062 - Nonprobate transfer rules.
Section 461.065 - Transferring entity, protection.
Section 461.071 - Rights of creditors.
Section 461.073 - Scope and application of law.
Section 461.076 - Jurisdiction of probate division of circuit court.
Section 461.081 - Nonprobate transfer laws to be effective when — prior transfers to be valid.