1. (a) Except for transfer on death deeds, a beneficiary designation that purports to have been made and is valid under:

   1. (1) the Uniform Probate Code as enacted by another state;
   2. (2) the Uniform TOD Security Registration Law as enacted by another state; or

   3. (3) a similar law of another state;

      is governed by the law of that state.

2. (b) A transfer on death transfer subject to a law described in subsection (a) may be executed and enforced in Indiana.
3. (c) Except for transfer on death deeds, the meaning and legal effect of a transfer on death transfer is determined by the law of the state selected in a governing instrument or beneficiary designation.

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