(a) 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 AS 13.33.301 — 13.33.310 and is not testamentary.
(b) AS 13.33.301 — 13.33.310 do not limit the rights of creditors of security owners against beneficiaries and other transferees under other laws of this state.