Arkansas Code Title 28. Wills, Estates, and Fiduciary Relationships § 28-14-106. When designation of TOD beneficiary affects ownership--Cancellation or change of registration

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 cancelled or changed at any time by the sole owner or all then surviving owners without the consent of the beneficiary.