Statute · New York Estates, Powers & Trusts Law

N.Y. Est. Powers & Trusts Law § 13-4.9 — Nontestamentary transfer on death

N.Y. Est. Powers & Trusts Law § 13-4.9

Type
Statute
Source
New York Estates, Powers & Trusts Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 13-4.9 Nontestamentary transfer on death

Citator

N.Y. Est. Powers & Trusts Law § 13-4.9 — Nontestamentary transfer on death is in force in the current edition of the Code, and nothing recorded condemns it.

§ 13-4.9 Nontestamentary transfer on death

(a) A 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 creditors of security owners against beneficiaries and other transferees under other laws of this state.