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2004 Florida Statutes

Title XL REAL AND PERSONAL PROPERTY
Chapter 711 FLORIDA UNIFORM TRANSFER-ON-DEATH SECURITY REGISTRATION ACT Entire Chapter
SECTION 506
Effect of registration in beneficiary form.
Section 711.506, Florida Statutes 2004

711.506  Effect of registration 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 then-surviving owners without the consent of the beneficiary.

History.--s. 3, ch. 94-216.