5. 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.
N.J. Stat. Ann. § 3B:30-5
Designation of beneficiary, registration in beneficiary form
Known as the Uniform TOD Security Registration Act
The act spans §§ 3B:30-1 to 3B:30-9 (12 sections).
L.1995,c.130,s.5.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.