11.070 Transfer on Death (TOD) Beneficiary
The sole registered owner of a vehicle/vessel may designate a transfer on death (TOD) beneficiary to whom ownership of the vehicle/vessel may be transferred upon death of the owner.
The TOD beneficiary is not a registered owner and the signature or consent of the beneficiary is not required for any transaction involving the vehicle/vessel during the lifetime of the registered owner.
Only one registered owner and one designated TOD beneficiary can be shown on the vehicle/vessel title.
The TOD beneficiary may be an individual, corporation, trust, partnership, association, or other entity.
A fee to add, delete, or change a TOD beneficiary is due in addition to any other fees.