ORS 59.575
Nontestamentary transfer on death


(1)

A transfer on death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner and the registering entity and ORS 59.535 (Definitions for ORS 59.535 to 59.585) to 59.585 (Short title), and is not testamentary.

(2)

ORS 59.535 (Definitions for ORS 59.535 to 59.585) to 59.585 (Short title) do not limit the rights of creditors of security owners against beneficiaries and other transferees under other laws of this state. [1991 c.306 §9]

Source
Last accessed
May. 15, 2020