Louisiana Revised Statutes 9:1711.3 – Registration in beneficiary form may be shown by the words “transfer on death” or the abbreviation “TOD”, or by the words “pay on death” or the abbreviation “POD”, after the name of
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Terms Used In Louisiana Revised Statutes 9:1711.3
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
Registration in beneficiary form may be shown by the words “transfer on death” or the abbreviation “TOD”, or by the words “pay on death” or the abbreviation “POD”, after the name of the registered owner and before the name of a beneficiary, or when registration is in the names of multiple owners by the words “joint tenants with the right of survivorship” or the abbreviation “JTWROS”.
Acts 2021, No. 167, §1, eff. Jan. 1, 2022.