Except as otherwise provided by law, a transfer on death transfer and the obligation of a transferring entity to execute the transfer on death transfer that are subject to this chapter under section 2(b) of this chapter remain subject to this chapter notwithstanding a change in the:

1. (1) beneficiary designation;
2. (2) residency of the owner;
3. (3) residency or place of business of the transferring entity; or
4. (4) location of the property.

As added by P.L.143-2009, SEC.41.