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California Probate Code

§ 5504

PROB § 5504 Effective Jan 1, 1999Div. 5 · Part 3
A security, whether evidenced by certificate or account, is registered in beneficiary form when the registration includes a designation of a beneficiary to take the ownership at the death of the owner or the deaths of all multiple owners.

Legislative history

Added by Stats. 1998, Ch. 242, Sec. 2. Effective January 1, 1999.

Source: California Probate Code § 5504 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.