{"jurisdiction": "us-ny", "code": "eptl", "section": "13-4.6", "citation": "EPTL § 13-4.6", "heading": "Effect of registration in beneficiary form", "text": ["§ 13-4.6 Effect of registration in beneficiary form", "(a) The designation of a TOD beneficiary on a registration in beneficiary form has no effect on ownership until the owner's death. 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.", "(b) A registration in beneficiary form can be revoked or amended by an express direction in the owner's will which specifically refers to such registration."], "official_source": "https://www.nysenate.gov/legislation/laws/EPT/13-4.6", "from_official_api": true, "plain_english": "A TOD designation **does not change ownership before death** and may be canceled or changed by the sole owner or all surviving owners without beneficiary consent. ★ A will may revoke or amend it only through an **express direction specifically referring to the registration**.", "in_force_on": "2026-05-31", "retrieved": "2026-09-27", "url": "https://elyphived.com/us-ny/eptl/13-4.6", "publisher": "Elyphived LLC"}