111.600 - Effect of designation of beneficiary on ownership of registered securities; cancellation or modification of registration. - Nevada Statutes

111.600  Effect of designation of beneficiary on ownership of registered securities; cancellation or modification of registration.  The designation of a 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 cancelled or changed at any time by the sole owner or all then surviving owners, without the consent of the beneficiary.

      (Added to NRS by 1997, 224)