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A05770 Summary:

BILL NOA05770
 
SAME ASSAME AS S01396
 
SPONSORWeinstein (MS)
 
COSPNSRJacobs, Gottfried, Glick, Rivera P
 
MLTSPNSRCohen A, Dinowitz, John, Seddio, Stringer
 
Add Art 13 Part 4 SS13-4.1 - 13-4.12, amd SS5-1.4, 2-1.11, 2-1.6 & 5-1.1-A, EPT L
 
Provides for designation of death beneficiaries on stock certificates and re-registration in the names of such beneficiaries upon the deaths of the owners of the securities outside any will of the owner as a testamentary substitute for a will; allows registration of a security in beneficiary form to be cancelled or changed at any time by the owner without consent of the beneficiary.
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