There Is a Newer Version
of
this Section
2019 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 (2019)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
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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