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The Florida Senate

2010 Florida Statutes

F.S. 711.509
711.509

Nontestamentary transfer on death.

(1)

A transfer on death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner and the registering entity and ss. 711.50-711.512 and is not testamentary.

(2)

Sections 711.50-711.512 do not limit the rights of creditors of security owners against beneficiaries and other transferees under other laws of this state.

History.

s. 3, ch. 94-216.