2025 Session
Last amended: 1992 session
§ 524.6-311 — Application
Plain-Language Summary
This section provides for the effect of the owner's divorce on a TOD beneficiary designation naming the former spouse.
524.6-311 APPLICATION.
Sections 524.6-301 to 524.6-311 apply to registrations of securities in beneficiary form made before, on, or after June 1, 1992, by decedents dying on or after June 1, 1992.
History:
History: History:
1992 c 461 art 2 s 13
Practical Notes
Divorce automatically revokes a TOD beneficiary designation naming the former spouse, unless the designation or divorce decree says otherwise.