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.
Fla. Stat. § 711.504
Origination of registration in beneficiary form
Known as the Florida Uniform Transfer-on-Death Security Registration Act
The act spans §§ 711–711 (13 sections).
History.--s. 3, ch. 94-216.
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.