Statute · California Probate Code

Cal. Prob. Code § 5509 — UNIFORM TOD SECURITY REGISTRATION ACT

Cal. Prob. Code § 5509

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

(a) Any transfer on death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner and the registering entity and this part and is not testamentary.

Citator

Cal. Prob. Code § 5509 — UNIFORM TOD SECURITY REGISTRATION ACT is in force in the current edition of the Code, and nothing recorded condemns it.

(a) Any transfer on death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner and the registering entity and this part and is not testamentary.

(b) This part does not limit the rights of a surviving spouse or creditors of security owners against beneficiaries and other transferees under other laws of this state.