(a) Two persons, who meet the criteria set out in section 572C-4, may enter into a reciprocal beneficiary relationship and register their relationship
as reciprocal beneficiaries by filing a signed notarized declaration of reciprocal
beneficiary relationship with the director. For the filing of the declaration, the director shall collect a fee of $8, which shall
be remitted to the director of finance for deposit into the general fund.
(b) Upon the payment of the fee, the director shall register the declaration and provide
a certificate of reciprocal beneficiary relationship to each party named on the declaration.
The director shall maintain a record of each declaration of reciprocal beneficiary
relationship filed with or issued by the director.
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