Nevada Revised Statutes 111.717 – ‘Held in beneficiary form’ defined
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‘Held in beneficiary form’ means the holding of property which has been registered in beneficiary form or another writing that names the owner of the property followed by a transfer-on-death direction and the designation of a beneficiary.
Terms Used In Nevada Revised Statutes 111.717
- 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