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§ 31-3-107. Construction of Chapter

This chapter shall be so construed and interpreted as to effectuate its general purpose to make uniform the law in those states which enact it.

§ 31-3-103. Beneficiaries of Another Person’s Disposition of Property

Where two (2) or more beneficiaries are designated to take successively (by reason of survivorship) under another person’s disposition of property and there is no sufficient evidence that these beneficiaries have died otherwise than simultaneously, the property thus disposed of shall be divided into as many equal portions as there are successive beneficiaries, and these […]

§ 31-3-104. Joint Tenants or Tenants by the Entirety

Where there is no sufficient evidence that two (2) joint tenants or tenants by the entirety have died otherwise than simultaneously, the property so held shall be distributed one-half (½) as if one had survived and one-half (½) as if the other had survived. If there are more than two (2) joint tenants and all […]

§ 31-3-105. Disposition of Insurance Proceeds

Where the insured and the beneficiary in a policy of life or accident insurance have died and there is no sufficient evidence that they have died otherwise than simultaneously, the proceeds of the policy shall be distributed as if the insured had survived the beneficiary.

§ 31-3-106. Application of Chapter

This chapter shall not apply in the case of wills, living trusts, deeds, or contracts of insurance wherein provision has been made for the distribution of property different from the provisions of this chapter.