Maine Revised Statutes

Me. Rev. Stat. tit. 33, § 901 (2026)

Corporate securities

✓ current as of May 2026
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Certificates of stock in corporations, corporate bonds, corporate debentures and other corporate securities, not including shares in building and loan associations, record title to which is held in the name of 2 or more persons as joint tenants or under language indicating the intention that said property be held with the right of survivorship, shall be deemed to be held in an estate in joint tenancy with all the attributes and incidents of estates in joint tenancy created or existing at common law, and shall be deemed to be so held even though said property may have been transferred directly by a person to himself jointly with another or other persons.  
Notes of Decisions
Cited in 2 cases, 1972–1980 · leading case: Milliken v. First Nat'l Bank of Pittsfield, 290 A.2d 889 (Me. 1972).
Milliken v. First Nat'l Bank of Pittsfield, 290 A.2d 889 (Me. 1972). · cites it 5× “The sole issue in this case is whether the language contained in two stock certificates created a joint tenancy as provided by 33 M.R.S.A. § 901. The two certificates read: “This Certifies that Lancey G.”
In Re Est. of Kozloff, 410 A.2d 544 (Me. 1980). “51 [now 33 M.R.S.A. § 901 (1978)], which removed the requirements of the unities of time and title — but only for the transfer of corporate stock.”
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