---
title: O.C.G.A. § 53-5-62. Ownership of a security.
collection: code
id: 53-5-62
cite_as: O.C.G.A. § 53-5-62 (2025)
canonical_url: https://georgiacommons.org/code/53-5-62
md_url: https://georgiacommons.org/code/53-5-62.md
text_url: https://georgiacommons.org/code/53-5-62/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t52-t53-(v40)-2021-pdf.pdf?sfvrsn=d23ba203_0#page=534
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/53-5.md
previous: https://georgiacommons.org/code/53-5-61.md
next: https://georgiacommons.org/code/53-5-63.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES / PROBATE / UNIFORM TRANSFER ON DEATH SECURITY REGISTRATION
---

# O.C.G.A. § 53-5-62. Ownership of a security.

Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more with right of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in beneficiary form hold as joint tenants with right of survivorship, as tenants by the entireties, or as owners of community property held in survivorship form and not as tenants in common.

## History

Code 1981, § 53-5-62, enacted by Ga. L. 1999, p. 805, § 1.