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Wyoming Statutes, Title 2

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Wyoming/Statutes

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Title 2, Title 2 — Wills, Decedents' Estates And Probate Code

18 chapters · 432 sections in this title.

All chapters in Title 2432 Ch 3, Chapter 3 — Fiduciaries133 Ch 7, Chapter 7 — Administration Of Estates115 Ch 6, Chapter 6 — Wills41 Ch 2, Chapter 2 — Probate Court29 Ch 4, Chapter 4 — Intestate Succession21 Ch 1, Chapter 1 — General Provisions19 Ch 16, Chapter 16 — Uniform Tod Security Re…12 Ch 10, Chapter 10 — Tax Apportionment10 Ch 11, Chapter 11 — Foreign Wills10 Ch 9, Chapter 9 — Proceedings To Establish…7 Ch 13, Chapter 13 — Simultaneous Death7 Ch 12, Chapter 12 — Administration Of Estat…6 Ch 15, Chapter 15 — Absent Beneficiaries6 Ch 18, Chapter 18 — Nontestamentary Transfe…6

12 sections·Filtered byTitle 2✕Ch 16✕

W.S. § 2-16-101 Short title; rules of construction
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Short title; rules of construction. This act shall be known as and may be cited as the "Uniform TOD Security Registration Act."
W.S. § 2-16-102 Definitions
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Definitions. (a) As used in this act: (i) "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; (ii) "Devis…
W.S. § 2-16-103 Registration in beneficiary form; sole or joint tenancy ownership
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Registration in beneficiary form; sole or joint tenancy ownership. Only individuals whose registration of a security shows sole ownership by one (1) individual or multiple ownership by two (2) or more individuals with right of survivorship, rather than as tenants in common, may o…
W.S. § 2-16-104 Registration in beneficiary form; applicable law
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Registration in beneficiary form; applicable law. 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, t…

W.S. § 2-16-105 Origination of registration in beneficiary form

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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 …

W.S. § 2-16-106 Form of registration in beneficiary form

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Form of registration in beneficiary form. 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 beneficiar…

W.S. § 2-16-107 Effect of registration in beneficiary form

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Effect of registration in beneficiary form. 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 …

W.S. § 2-16-108 Ownership on death of owner

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Ownership on death of owner. 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 appli…

W.S. § 2-16-109 Protection of registering entity

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Protection of registering entity. (a) 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 for…

W.S. § 2-16-110 Nontestamentary transfer on death

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Nontestamentary transfer on death. (a) A transfer on death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner and the registering entity and this act and is not testamentary. (b) This act does not …

W.S. § 2-16-111 Terms, conditions and forms for registration

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Terms, conditions and forms for registration. A registering entity offering to accept registrations in beneficiary form may establish the terms and conditions under which it will receive requests (1) for registrations in beneficiary form, and (2) for implementation of registratio…

W.S. § 2-16-112 Application of act

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Application of act. This act applies to registrations of securities in beneficiary form made before or after July 1, 1993, by decedents dying on or after July 1, 1993.