Official Code of Georgia Annotated

Title 53. WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES · Chapter 5. PROBATE · Article 7. UNIFORM TRANSFER ON DEATH SECURITY REGISTRATION

53-5-66. Designation of transfer in beneficiary form.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

The designation of a transfer on death 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 the then surviving owners without the consent of the beneficiary.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

Code 1981, § 53-5-66, enacted by Ga. L. 1999, p. 805, § 1.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t52-t53-(v40)-2021-pdf.pdf, Volume V40, 2021 edition, page 535; merge action: carried; file SHA-256 062775612dfc.