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DIVISION 5. NONPROBATE TRANSFERS 5000-5705›PART 3. UNIFORM TOD SECURITY REGISTRATION ACT 5500-5512

§ 5506

California Probate Code · 2018-11 edition · updated 2026-10-04 · California

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.

(Added by Stats. 1998, Ch. 242, Sec. 2. Effective January 1, 1999.)

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California Probate Code

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