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 canceled or changed at any time by the sole owner or all then surviving owners without the consent of the beneficiary.
Structure West Virginia Code
Chapter 36. Estates and Property
Article 10. Uniform Transfer on Death Security Registration Act
§36-10-2. Registration in Beneficiary Form; Sole or Joint Tenancy Ownership
§36-10-3. Registration in Beneficiary Form; Applicable Law
§36-10-4. Origination of Registration in Beneficiary Form
§36-10-5. Form of Registration in Beneficiary Form
§36-10-6. Effect of Registration in Beneficiary Form
§36-10-7. Ownership of Death of Owner
§36-10-8. Protection of Registering Entity
§36-10-9. Nontestamentary Transfer on Death
§36-10-10. Terms, Conditions and Forms for Registration