California Probate Code

§ 5501

PROB § 5501 Effective Jan 1, 2003Div. 5 · Part 3

Statute text

For purposes of this part:

(a)“Beneficiary form” means a registration of a security that indicates the present owner of the security and the intention of the owner regarding the person who will become the owner of the security upon the death of the owner.

(b)“Register,” including its derivatives, means to issue a certificate showing the ownership of a certificated security or, in the case of an uncertificated security, to initiate or transfer an account showing ownership of securities.

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Legislative history

Amended by Stats. 2002, Ch. 809, Sec. 3. Effective January 1, 2003.