Md. Code, Estates and Trusts § 16-106

This is the official text of Md. Code, Estates and Trusts § 16-106, part of Maryland’s Code, Estates and Trusts — governs wills, trusts, and probate.

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§16–106.

Official statutory text

(a) The designation of a TOD beneficiary on a registration in beneficiary form has no effect on ownership until the owner’s death.

(b) 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.

Status: in_force · Read it on the official government site

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