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.
Haw. Rev. Stat. § 539-4
Origination of registration in beneficiary form
Known as the Uniform TOD Security Registration Act
The act spans §§ 539–539 (12 sections).
L 1998, c 63, pt of §1
Official source: Hawaii State Legislature. Reproduced from public-domain Hawaii statutes; confirm against the official source for the current text. Not legal advice.