There is a newer version of the California Code
2011 California Code
Probate Code
DIVISION 5. NONPROBATE TRANSFERS [5000 - 5705]
PART 3. UNIFORM TOD SECURITY REGISTRATION ACT
Section 5504
CA Prob Code § 5504 (through 2012 Leg Sess) What's This?
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 by Stats. 1998, Ch. 242, Sec. 2. Effective January 1, 1999.)
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