Statute · New York Estates, Powers & Trusts Law
N.Y. Est. Powers & Trusts Law § 13-4.6 — Effect of registration in beneficiary form
N.Y. Est. Powers & Trusts Law § 13-4.6
- Type
- Statute
- Source
- New York Estates, Powers & Trusts Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 13-4.6 Effect of registration in beneficiary form
Citator
N.Y. Est. Powers & Trusts Law § 13-4.6 — Effect of registration in beneficiary form is in force in the current edition of the Code, and nothing recorded condemns it.
§ 13-4.6 Effect of registration in beneficiary form
(a) 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.
(b) A registration in beneficiary form can be revoked or amended by an express direction in the owner's will which specifically refers to such registration.