2022 New York Laws
EPT - Estates, Powers and Trusts
Article 13 - Other Provisions Affecting Estates
Part 3 - Miscellaneous Provisions
13-3.1 - Rights of Payees in Non-Transferable United States Savings Bonds

§ 13-3.1 Rights  of  payees  in  non-transferable  United States savings

bonds

Where any United States savings bond is payable to a designated person, whether as owner, co-owner or beneficiary, and such bond is not transferable, the right of such person to receive payment of the bond according to its terms, and the ownership of the money so received, shall not be impaired or defeated by any statute or rule of law governing the transfer of property by will, gift or intestacy, except as provided in section 5-1.1-A; provided further that nothing herein shall limit article 10 of the debtor and creditor law or 2-1.8.


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