Section 13.33.303 - Registration in beneficiary form; applicable law(a) A security may be registered in beneficiary form if the form is authorized by this or a similar TOD statute of the state of (1) organization of the issuer or registering entity;(2) the registering entity's principal office;(3) the office of the registering entity's transfer agent or the registering entity's office making the registration; or(4) the owner's address at the time of registration.(b) A registration governed by the law of a jurisdiction in which this or similar TOD legislation is not in force or was not in force when a registration in beneficiary form was made is nevertheless presumed to be valid and authorized as a matter of contract law.