N.Y. Estates, Powers & Trusts Law Section 13-4.6
Effect of registration in beneficiary form


§ 13-4.6 Effect of registration in beneficiary form (a) 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.

(b)

A registration in beneficiary form can be revoked or amended by an express direction in the owner’s will which specifically refers to such registration.

Source: Section 13-4.6 — Effect of registration in beneficiary form, https://www.­nysenate.­gov/legislation/laws/EPT/13-4.­6 (updated Sep. 22, 2014; accessed May 4, 2024).

Accessed:
May 4, 2024

Last modified:
Sep. 22, 2014

§ 13-4.6’s source at nysenate​.gov

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