{"code":"PROB","codeName":"Probate Code","section":"5506","citation":"Prob. Code, § 5506","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 5. NONPROBATE TRANSFERS [5000. - 5705.]","url":"https://blackletter.si/probate-code/division-5"},{"name":"PART 3. UNIFORM TOD SECURITY REGISTRATION ACT [5500. - 5512.]","url":"https://blackletter.si/probate-code/division-5/part-3"}],"history":"Added by Stats. 1998, Ch. 242, Sec. 2.   Effective January 1, 1999.","effective":"1999-01-01","html":"<p>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 canceled or changed at any time by the sole owner or all then surviving owners without the consent of the beneficiary.</p>","text":"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 canceled or changed at any time by the sole owner or all then surviving owners without the consent of the beneficiary.","otherVersions":[],"url":"https://blackletter.si/probate-code/uniform-tod-security-registration-act-5506","source":"California Legislative Information bulk export (pubinfo)"}