A registration of a security in beneficiary form does not constitute a donation inter vivos or mortis causa. A registration of a security in beneficiary form may be canceled or changed at any time by the sole owner or by any of the surviving owners without the consent of the beneficiary.
La. R.S. 9:1711.4
Effect of registration in beneficiary form
Known as the Louisiana Uniform Transfer on Death Security Registration Act
The act spans §§ 9–9 (12 sections).
Acts 2021, No. 167, §1, eff
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.