Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 14. Trusts, Estates and Protective Proceedings |
Chapter 6. NONPROBATE TRANSFERS |
Article 3. Securities |
Sec 14-6306. Effect of registration
Latest version.
-
A. The designation of a transfer on death beneficiary on a registration in beneficiary form has no effect on ownership until the owner's death.
B. 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.