2013 District of Columbia Code
Division III — DECEDENTS' ESTATES AND FIDUCIARY RELATIONS
Title 19 — DESCENT, DISTRIBUTION, AND TRUSTS
Chapter 6 — NONPROBATE TRANSFERS ON DEATH; UNIFORM LAW
Subchapter III — UNIFORM TOD SECURITY REGISTRATION
Section 19-603.06 — 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 all then surviving owners without the consent of the beneficiary.

History
(Apr. 27, 2001, D.C. Law 13-292, § 302(b), 48 DCR 2087.)

Annotations
Legislative History of Law 13-292. For D.C. Law 13-292, see notes following § 19-601.01.

Editor's Notes Uniform Law: This section is based upon § 306 of the Uniform Nonprobate Transfers on Death Act (1991 Act).