GEORGIA CODE (Last Updated: August 20, 2013) |
Title 53. WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES |
Chapter 5. PROBATE |
Article 7. UNIFORM TRANSFER ON DEATH SECURITY REGISTRATION |
Section 53-5-62. Ownership of a security
Latest version.
- Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more with right of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in beneficiary form hold as joint tenants with right of survivorship, as tenants by the entireties, or as owners of community property held in survivorship form and not as tenants in common.
Code 1981, § 53-5-62, enacted by Ga. L. 1999, p. 805, § 1.