2023 New York Laws
EPT - Estates, Powers and Trusts
Article 13 - Other Provisions Affecting Estates
Part 4 - Transfer-on-Death Security Registration
13-4.6 - Effect of Registration in Beneficiary Form

Universal Citation:
NY Est Pow & Trusts L § 13-4.6 (2023)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
§ 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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