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2020 Utah Code
Title 75 - Utah Uniform Probate Code
Chapter 6 - Nonprobate Transfers
Part 3 - Uniform Transfer on Death Security Registration Act
Section 303 - Registration in beneficiary form -- Sole or joint tenancy ownership.
Universal Citation: UT Code § 75-6-303 (2020)
75-6-303. Registration in beneficiary form -- Sole or joint tenancy ownership.
Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more with right of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in beneficiary form hold as joint tenants with right of survivorship, as tenants by the entireties, or as owners of community property held in survivorship form, and not as tenants in common.
Enacted by Chapter 9, 1995 General Session
Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more with right of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in beneficiary form hold as joint tenants with right of survivorship, as tenants by the entireties, or as owners of community property held in survivorship form, and not as tenants in common.
Enacted by Chapter 9, 1995 General Session
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