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2018 Tennessee Code
Title 35 - Fiduciaries and Trust Estates
Chapter 12 - Uniform Transfer on Death Security Registration
§ 35-12-107. No effect until death.
Universal Citation: TN Code § 35-12-107 (2018)
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 cancelled or changed at any time by the sole owner or all then surviving owners without the consent of the beneficiary.
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