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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) An owner of a motor vehicle may transfer the owner's interest in the motor vehicle to a sole beneficiary effective on the owner's death by designating a beneficiary as provided by Section 63-21-261.
(2) A beneficiary designation is:
(a) Subject to Section 63-21-255, revocable and may be changed at any time without the consent of the designated beneficiary as provided by Section 63-21-261;
(b) A nontestamentary instrument; and
(c) Effective without:
(A) Notice or delivery to or acceptance by the designated beneficiary during the owner's life; or
(B) Consideration.
(3) A will may not revoke or supersede a beneficiary designation, regardless of when the will is made.
(4) A designated beneficiary may disclaim the designated beneficiary's interest in the motor vehicle as provided by applicable law.
Cite this article: FindLaw.com - Mississippi Code Title 63. Motor Vehicles and Traffic Regulations § 63-21-253 - last updated January 01, 2025 | https://codes.findlaw.com/ms/title-63-motor-vehicles-and-traffic-regulations/ms-code-sect-63-21-253/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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