Ark. Code Ann. » Title 28 Chapter 14
Arkansas Code Annotated

Ark. Code Ann. § 28-14-106 (2026)

Effect of registration in beneficiary form

✓ current as of May 2026
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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.

History. Acts 1993, No. 114, § 6.

Case Notes

Cited: Ginsburg v. Ginsburg, 359 Ark. 226, 195 S.W.3d 898 (2004).

Notes of Decisions
Cited in 2 cases, 2003–2004 · leading case: Ginsburg v. Ginsburg, 120 S.W.3d 567 (Ark. 2003).
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Ginsburg v. Ginsburg, 120 S.W.3d 567 (Ark. 2003). · cites it 2× “We note that TOD accounts are governed by Ark. Code Ann. § 28-14-106 (Supp. 2001), which provides: The designation of a TOD beneficiary on a registration in beneficiary form has no effect on ownership until the owner’s death.”
Ginsburg v. Ginsburg, 195 S.W.3d 898 (Ark. 2004). · cites it 2× “Pursuant to section 28-14-106, the designation of a TOD beneficiary on a registration in beneficiary form has no effect on ownership until the owner’s death; thus, a registration of a security in beneficiary form may be cancelled or changed at any time by the owner without the…”
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