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2019 Maine Revised Statutes
TITLE 18-C: PROBATE CODE
Article 6: NONPROBATE TRANSFERS ON DEATH
Part 3: TRANSFER ON DEATH SECURITY REGISTRATION
18-C §6-302. Registration in beneficiary form; sole or joint tenancy ownership
Universal Citation: 18-C ME Rev Stat § 6-302 (2019)
§6-302. Registration in beneficiary form; sole or joint tenancy ownership
Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by 2 or more individuals with right of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in beneficiary form hold as joint tenants with right of survivorship and not as tenants in common. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
SECTION HISTORY
PL 2017, c. 402, Pt. A, §2 (NEW). PL 2017, c. 402, Pt. F, §1 (AFF). PL 2019, c. 417, Pt. B, §14 (AFF).
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