Statute · California Probate Code

Cal. Prob. Code § 5502 — UNIFORM TOD SECURITY REGISTRATION ACT

Cal. Prob. Code § 5502

Type
Statute
Source
California Probate Code
Jurisdiction
California
Date
1999-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more individuals with right of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in…

Citator

Cal. Prob. Code § 5502 — UNIFORM TOD SECURITY REGISTRATION ACT is in force in the current edition of the Code, and nothing recorded condemns it.

Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more individuals 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.