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2022 Florida Statutes (including 2022C, 2022D, 2022A, and 2023B)
SECTION 506
Effect of registration in beneficiary form.
Effect of registration in beneficiary form.
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.