<html> <head> <title>Rule 06:01:06:02 Changing designated beneficiary.</title> <META NAME="Keywords" Content="Administrative Rules 06:01:06:02"> <META NAME="Description" Content="Administrative Rules 06:01:06:02 Changing designated beneficiary."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>6:01:06:02.&nbsp;&nbsp;Changing designated beneficiary.</b> An account owner may change the designated beneficiary by certifying and providing to the financial institution the name, address, social security number, and relationship of the new designated beneficiary to the previously named designated beneficiary. The change is effective upon the financial institution's receipt of such certification.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 47, effective October 7, 2001.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=13-63-12">13-63-12.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=13-63-12">13-63-12</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=13-63-13">13-63-13</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=13-63-14">13-63-14(1).</A></p> </div> </body> </html>