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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) If a motor vehicle that is the subject of a beneficiary designation is owned by joint owners with right of survivorship, the beneficiary designation must be made by all of the joint owners.
(2) A beneficiary designation made by joint owners with right of survivorship:
(a) May be revoked or changed as provided by Section 63-21-261, only if it is revoked or changed by all of the joint owners; and
(b) May be revoked or changed by the last surviving joint owner as provided by Section 63-21-261.
Cite this article: FindLaw.com - Mississippi Code Title 63. Motor Vehicles and Traffic Regulations § 63-21-255 - last updated January 01, 2025 | https://codes.findlaw.com/ms/title-63-motor-vehicles-and-traffic-regulations/ms-code-sect-63-21-255/
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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