111.560 - Persons eligible to obtain registration; manner in which multiple owners of registered securities hold title. - Nevada Statutes

111.560  Persons eligible to obtain registration; manner in which multiple owners of registered securities hold title.  Only natural persons whose registration of a security shows sole ownership by one natural person or multiple ownership by two or more natural persons with right of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in beneficiary form hold as joint tenants with right of survivorship, as tenants by the entireties or as owners of community property held in survivorship form, and not as tenants in common.

      (Added to NRS by 1997, 223)