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O.C.G.A. § 53-5-66 — Designation of transfer in beneficiary form | Georgia Code
O.C.G.A. § 53-5-66 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 53 WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES

Section 5. Probate, 53-5-1 through 53-5-71.

ARTICLE 7 UNIFORM TRANSFER ON DEATH SECURITY REGISTRATION

53-5-66. Designation of transfer in beneficiary form.

The designation of a transfer on death 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 the then surviving owners without the consent of the beneficiary.

(Code 1981, §53-5-66, enacted by Ga. L. 1999, p. 805, § 1.)

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This Georgia Code resource is curated by Graham W. Syfert, Esq., a personal injury and workers' compensation attorney admitted in Georgia (State Bar of Georgia No. 881027, since 2006) and Florida. For legal consultation, call 904-383-7448.