Origination of registration in beneficiary form

09 V.S.A. ch. 134, § 4354, under Chapter 134: Transfer on Death Security Registration.

09 V.S.A. ch. 134, § 4354

§ 4354. 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. (Added 1999, No. 23, § 1.)