BlackletterCalifornia law

Probate Code § 5506

PART 3. UNIFORM TOD SECURITY REGISTRATION ACT

Current as of September 28, 2026Prob. Code, § 5506Official source ↗

Added by Stats. 1998, Ch. 242, Sec. 2. Effective January 1, 1999.

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.