The designation of a transfer-on-death beneficiary on a registration in beneficiary form has no effect on ownership until the death of the owner of a security. A registration in beneficiary form of a security may be canceled or changed at any time by the sole owner or all of the then surviving owners of the security, without the consent of the beneficiary.
Effect of designation of transfer-on-death
Ohio Rev. Code Ann. § 1709.06, under Chapter 1709 | Uniform Transfer-on-death Security Registration Act.
Ohio Rev. Code Ann. § 1709.06