2011 California Code
Probate Code
DIVISION 5. NONPROBATE TRANSFERS [5000 - 5705]
PART 3. UNIFORM TOD SECURITY REGISTRATION ACT
Section 5509
(a) Any 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 part and is not testamentary.
(b) This part does not limit the rights of a surviving spouse or creditors of security owners against beneficiaries and other transferees under other laws of this state.
(Added by Stats. 1998, Ch. 242, Sec. 2. Effective January 1, 1999.)
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