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.
Utah Code § 75-6-305
Orientation of registration in beneficiary form
Known as the Uniform Transfer on Death Security Registration Act
The act spans §§ 75–75 (13 sections).
Enacted by Chapter 9, 1995 General Session
Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.