Code of Virginia (Last Updated:July 28, 2020) |
TITLE 64.2. Wills, Trusts, and Fiduciaries |
SUBTITLE II. Wills and Decedents' Estates |
CHAPTER 6. Transfers Without Qualification |
ARTICLE 3. Uniform Transfers on Death (Tod) Security Registration Act |
SECTION 64.2-614. Origination of registration in beneficiary form |
A security, whether evidenced by certificate or account, is registered in beneficiary form when the registration includes a designation of a beneficiary to take the ownership at the death of the owner or the deaths of all multiple owners. |