2010 Pennsylvania Code
Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES
Chapter 64 - Transfer on Death Security Registration
6407 - Ownership on death of owner.

     § 6407.  Ownership on death of owner.
        On death of a sole owner or the last to die of all multiple
     owners, ownership of securities registered in beneficiary form
     passes to the beneficiary or beneficiaries who survive all
     owners. On proof of death of all owners and compliance with any
     applicable requirements of the registering entity, a security
     registered in beneficiary form may be reregistered in the name
     of the beneficiary or beneficiaries who survived the death of
     all owners. Until division of the security after the death of
     all owners, multiple beneficiaries surviving the death of all
     owners hold their interests as tenants in common. If no
     beneficiary survives the death of all owners, the security
     belongs to the estate of the deceased sole owner or the estate
     of the last to die of all multiple owners.

        Cross References.  Section 6407 is referred to in section
     6408 of this title.