Ca. Prob. Code § 5506 Designation of Tod Beneficiary of No Effect Until Owner's Death; Cancellation Or Change of Registration
| Library | California Codes |
| Edition | 2023 |
| Currency | Current through the 2023 Legislative Session. |
| Year | 2023 |
| Citation | Ca. Prob. Code § 5506 |
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.
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