Nebraska Statutes 30-2739. Effect of registration in beneficiary form
Current as of: 2023 | Check for updates
|
Other versions
The designation of a TOD or POD 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.
Source
Terms Used In Nebraska Statutes 30-2739
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC