California · Probate Code
PROB §5126: “Beneficiary” means a person named in a Totten trust account as one for whom a party to the account is named as trustee.
What this law says, in plain English
A beneficiary is a person named in a Totten trust account for whom an account holder serves as trustee.
Read the full statutory text
“Beneficiary” means a person named in a Totten trust account as one for whom a party to the account is named as trustee.
Verify at the official source: California legislative text
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