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Statutes > South Dakota Laws > Title 29A - UNIFORM PROBATE CODE > Chapter 06 - Non-Probate Transfers > Section 29A-6-306 - Effect of registration in beneficiary form.

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SOUTH DAKOTA STATUTES AND CODES

Section 29A-6-306 - Effect of registration in beneficiary form.

29A-6-306. Effect of registration in beneficiary form. The designation of a TOD 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 canceled or changed at any time by the sole owner or all then surviving owners without the consent of the beneficiary.

Source: SL 1995, ch 168, § 6-306.

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