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2009 Florida Statutes

Section 711.506, Florida Statutes 2009

711.506  Effect of registration in beneficiary form.--The designation of a transfer-on-death 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.

History.--s. 3, ch. 94-216.