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20 chapters · 557 sections in this title.
9 V.I.C. § 681 Definitions
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(1) In this subchapter:(1) “Beneficiary form” means a registration of a security which indicates the present owner of the security and the intention of the owner regarding the person who will become the owner of the security upon the death of the owner.(2) “Register” including it…
9 V.I.C. § 682 Registration in beneficiary form; sole or joint tenancy ownership
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Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more with right of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in ben…
9 V.I.C. § 683 Registration in beneficiary form; applicable law
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A security may be registered in beneficiary form if the form is authorized by this or a similar statute of the state of organization of the issuer or registering entity, the location of the registering entity’s principal office, the office of its transfer agent or its office maki…
9 V.I.C. § 684 Origination of registration in beneficiary form
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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.
