2010 New York Code
EPT - Estates, Powers & Trusts
Article 13 - OTHER PROVISIONS AFFECTING ESTATES
Part 4 - (13-4.1 - 13-4.12) TRANSFER-ON-DEATH SECURITY REGISTRATION
13-4.6 - Effect of registration in beneficiary form

§ 13-4.6 Effect of registration in beneficiary form
    (a)  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.
    (b) A registration in beneficiary form can be revoked or amended by an
  express  direction in the owner's will which specifically refers to such
  registration.

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