111.630 - Offer or acceptance of requests for registration by registering entity. - Nevada Statutes

111.630  Offer or acceptance of requests for registration by registering entity.

      1.  A registering entity is not required to offer or to accept a request for registration of a security in beneficiary form. If a registration in beneficiary form is offered by a registering entity, the owner requesting registration in beneficiary form assents to the protections given to the registering entity by NRS 111.480 to 111.650, inclusive.

      2.  By accepting a request for registration of a security in beneficiary form, the registering entity agrees that the registration will be effective on the death of the deceased owner as provided in NRS 111.480 to 111.650, inclusive.

      (Added to NRS by 1997, 224)