Statute · California Probate Code
Cal. Prob. Code § 5506 — UNIFORM TOD SECURITY REGISTRATION ACT
Cal. Prob. Code § 5506
- Type
- Statute
- Source
- California Probate Code
- Jurisdiction
- California
- Date
- 1999-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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 canceled or changed at any time by the sole owner or all then surviving owners without the consent of the…
Citator
Cal. Prob. Code § 5506 — UNIFORM TOD SECURITY REGISTRATION ACT is in force in the current edition of the Code, and nothing recorded condemns it.
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 canceled or changed at any time by the sole owner or all then surviving owners without the consent of the beneficiary.