Unannotated Code of Maryland (Last Updated: May 16, 2014) |
ESTATES AND TRUSTS |
TITLE 16. MARYLAND UNIFORM TRANSFER-ON-DEATH (TOD) SECURITY REGISTRATION ACT |
§ 16-104. Registration in beneficiary form -- Origination
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A security, whether evidenced by certificate or account, is registered in beneficiary form when the registration includes a designation of a beneficiary to take the ownership at the death of the owner or the deaths of all multiple owners.