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.
W. Va. Code § 36-10-4
Origination of registration in beneficiary form
Known as the Uniform TOD Security Registration Act
The act spans §§ 36–36 (12 sections).
Official source: West Virginia Legislature. Reproduced from public-domain West Virginia statutes; confirm against the official source for the current text. Not legal advice.