21.35.025  <<  21.35.030 >>   21.35.035

Designation of a TOD or POD beneficiaryEffect on ownershipCancellation or change.

The designation of a TOD or POD beneficiary on a registration in beneficiary form has no effect on ownership of the security until the owner's death, or on community property rights and obligations of owners. 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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