41-43. Origination of registration in beneficiary form.
A security, whether evidenced by certificate or account, is registered in beneficiary form when the registration includes a designation of a beneficiary to take the ownership at the death of the owner or the deaths of all multiple owners. (2005-411, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 4 - The Uniform Transfer on Death (TOD) Security Registration Act.
§ 41-41 - Registration in beneficiary form; sole or joint tenancy ownership.
§ 41-42 - Registration in beneficiary form; applicable law.
§ 41-43 - Origination of registration in beneficiary form.
§ 41-44 - Form of registration in beneficiary form.
§ 41-45 - Effect of registration in beneficiary form.
§ 41-46 - Ownership on death of owner.
§ 41-47 - Protection of registering entity.
§ 41-48 - Nontestamentary transfer on death.
§ 41-49 - Terms, conditions, and forms for registration.