Origination of registration in beneficiary form
Known as the Massachusetts Uniform Probate Code
The act spans §§ 190B-1-101 to 190B-7-503 (347 sections).
Section 6–304. [Origination of Registration in Beneficiary Form.]
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.
Official source: Massachusetts Legislature. Reproduced from public-domain Massachusetts statutes; confirm against the official source for the current text. Not legal advice.