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28 chapters · 798 sections in this title.
Fla. Stat. § 711.505 Form of registration in beneficiary form
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Registration in beneficiary form may be shown by the words “transfer on death” or the abbreviation “TOD,” or by the words “pay on death” or the abbreviation “POD,” after the name of the registered owner and before the name of a beneficiary.History.—s. 3, ch. 94-216.
Fla. Stat. § 711.506 Effect of registration in beneficiary form
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The designation of a transfer-on-death 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 with…
Fla. Stat. § 711.507 Ownership on death of owner
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On death of a sole owner or the last to die of all multiple owners, ownership of securities registered in beneficiary form passes to the beneficiary or beneficiaries who survive all owners. On proof of death of all owners and compliance with any applicable requirements of the reg…
Fla. Stat. § 711.508 Protection of registering entity
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(1) A registering entity is not required to offer or to accept a request for security registration in beneficiary form. If a registration in beneficiary form is offered by a registering entity, the owner requesting registration in beneficiary form assents to the protections given…