§ 64.2-618 Nontestamentary transfer on death
A 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 article, and is not testamentary. This article does not limit the rights of creditors of security owners against beneficiaries and other transferees under other laws of the Commonwealth.
History
This law was first created in 1994. The record of its establishment is cataloged in chapter 422 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. That modification is as follows: in 2012, chapter 614.
1994, c. 422, § 64.1-206.7; 2012, c. 614.