Washington Code 21.35.025 – Registering a security in beneficiary form — Words of designation
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Registration in beneficiary form may be shown by the words “transfer on death” or the abbreviation “TOD,” or by the words “pay on death” or the abbreviation “POD,” after the name of the registered owner or owners and before the name of a beneficiary.
[ 1993 c 287 § 5.]
Terms Used In Washington Code 21.35.025
- 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