Cal. PROB § 5509
This is the official text of Cal. PROB § 5509, part of California’s Probate Code — governs wills, trusts, estates, and conservatorships.
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Official statutory text
(a) Any transfer on death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner and the registering entity and this part and is not testamentary.
(b) This part does not limit the rights of a surviving spouse or creditors of security owners against beneficiaries and other transferees under other laws of this state.
(b) This part does not limit the rights of a surviving spouse or creditors of security owners against beneficiaries and other transferees under other laws of this state.
Status: in_force · Read it on the official government site
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