Rhode Island General Laws 7-11.1-6. Form of registration in beneficiary form
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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.
History of Section.
P.L. 1998, ch. 260, § 1.
Terms Used In Rhode Island General Laws 7-11.1-6
- 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