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 §§ 75-6-301 to 75-6-313 (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.