The designation of a TOD beneficiary on a registration in beneficiary form has no effect on ownership until the owner's death. A registration of a security in beneficiary form may be canceled or changed at any time by the sole owner or all then surviving owners without the consent of the beneficiary.
Wyo. Stat. Ann. § 2-16-107
Effect of registration in beneficiary form
Known as the Uniform TOD Security Registration Act
The act spans §§ 2–2 (11 sections).
Official source: Wyoming Legislature. Reproduced from public-domain Wyoming statutes; confirm against the official source for the current text. Not legal advice.