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 19-603.09 — 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 subchapter and is not testamentary.
(b) This subchapter does not limit the rights of creditors of security owners against beneficiaries and other transferees under other laws of the District.
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 § 309 of the Uniform Nonprobate Transfers on Death Act (1991 Act).
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