Only individuals whose registration of a security shows sole ownership by one (1) individual or multiple ownership by two (2) or more with right of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in beneficiary form, hold as joint tenants with right of survivorship, as tenants by the entireties, or as owners of community property held in survivorship form, and not as tenants in common.
Miss. Code Ann. § 91-21-5
Registration in beneficiary form; sole or joint tenancy ownership
Known as the Mississippi Uniform Transfer-on-Death Security Registration Act
The act spans §§ 91–91 (13 sections).
Laws, 1997, ch. 413, § 3, eff from and after passage (approved March 24, 1997
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.