Mich. Comp. Laws § 700.6306

Current through Public Act 156 of the 2024 Legislative Session

Section 700.6306 - Effect of registration in beneficiary form

The designation of a TOD beneficiary on a registration in beneficiary form does not affect 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 the surviving owners without the consent of the beneficiary.

MCL 700.6306

1998, Act 386, Eff. 4/1/2000 ;--Am. 2000, Act 54, Eff. 4/1/2000 .