N.Y. Estates, Powers & Trusts Law § 13-4.9: Nontestamentary transfer on death

§ 13-4.9 Nontestamentary transfer on death

(a) A transfer on death resulting from a registration in beneficiary

form is effective by reason of the contract regarding the registration

between the owner and the registering entity and this part and is not

testamentary.

(b) This part does not limit the rights of creditors of security

owners against beneficiaries and other transferees under other laws of

this state.