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POD Beneficiary Signing Security Agreement

Answered by: 

Does a POD beneficiary of a pledged CD, or Savings account need to sign the security agreement?

No, they have no ownership in the account, and the owner can change the POD beneficiary at any time.

First published on 3/13/06

First published on 03/13/2006

Filed under: 
Filed under lending as: 
Filed under security as: 

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