15 GCA § 863: Notice of Effect of Registration.
Where this section sits in the code
- Title 15: Estates and Probate
- Division 2 - Succession and Simultaneous Death
- Chapter 8: Succession and Securities Transfer
- ARTICLE 2: UNIFORM TRANSFER ON DEATH SECURITY REGISTRATION ACT
A registering entity shall provide to an owner requesting registration of a security in beneficiary form a written statement describing the legal effects of the registration not later than the date on which the owner registers the security. The statement shall be printed in all capital twelve (12) point boldfaced type, and shall be signed by the registering owner at the time of registration. The following statement will suffice if signed by the registering owner:
‘IMPORTANT NOTICE REGARDING YOUR RIGHTS
‘ON PROOF OF DEATH, YOUR SECURITY IN BENEFI-
CIARY FORM WILL BE TRANSFERRED TO YOUR
NAMED BENEFICIARY, OR BENEFICIARIES, WITHOUT
BEING PART OF YOUR ESTATE UNDER YOUR WILL OR
BY INTESTACY. YOU SHOULD MAKE SURE BEFORE
YOU REGISTER YOUR SECURITY IN BENEFICIARY
FORM THAT THE REGISTRATION DOES NOT CONFLICT
WITH ANY OTHER PROVISION IN A DOCUMENT THAT
YOU HAVE AUTHORIZED AND SIGNED, INCLUDING A
WILL OR TRUST AGREEMENT. IF YOU HAVE ANY
DOUBT ABOUT WHETHER A CONFLICT EXISTS, YOU
SHOULD ALSO NOTE THAT REGISTERING YOUR
SECURITY IN BENEFICIARY FORM MAY NOT AFFECT A
CREDITOR'S CLAIM AGAINST YOUR ESTATE OR
AFFECT THE ESTATE OR INHERITANCE TAX
LIABILITY OF YOUR ESTATE OR OF YOUR
BENEFICIARY OF BENEFICIARIES.’
‘I HAVE READ THE ABOVE NOTICE AND UNDERSTAND ITS
CONTENTS.
(signature of registering owner)’
Collected 2026-09-27T03:31:48Z. Source file · JSON