GroundRules
Ala. Code § 8-6-145: Designation of Tod; Registration Cancelled or Changed.
Where this section sits in the code
- Title 8 Commercial Law and Consumer Protection.
- Chapter 6 Securities.
- Article 6 Uniform Transfer on Death Security Registration Act.
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 cancelled or changed at any time by the sole owner or all then surviving owners, without the consent of the beneficiary.
Collected 2026-09-03T14:01:52Z. Source file · JSON