Md. Code, Estates and Trusts § 16-106
Md. Code, Estates and Trusts § 16-106
in effect(a) The designation of a TOD beneficiary on a registration in beneficiary form has no effect on ownership until the owner’s death.
(b) A registration of a security in beneficiary form may be canceled or changed at any time by the sole owner or all then surviving owners without the consent of the beneficiary.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=get§ion=16-106&enactments=falseFetched: 10/17/2026
