Section 9-17-3-9 - Transfer on death conveyance; requirements(a) The owner or owners of a vehicle may create an interest in the vehicle that is transferrable on the death of the owner or owners by obtaining a certificate of title conveying the interest in the vehicle to one (1) or more persons as transfer on death beneficiaries.(b) Subject to subsection (e), an interest in a vehicle transferred under this section vests upon the death of the owner or owners.(c) A certificate of title that is: (1) worded in substance as "A.B. transfers on death to C.D." or "A.B. and C.D. transfer on death to E.F."; and(2) signed by the owner or owners; is a good and sufficient conveyance on the death of the owner or owners to the transferee or transferees.
(d) A certificate of title obtained under this section is not required to be:(1) supported by consideration; or(2) delivered or transmitted to the named transfer on death beneficiary or beneficiaries; to be effective.
(e) Upon the death of the owner or owners conveying an interest in a vehicle in a certificate of title obtained under this section, the interest in the vehicle is transferred to each beneficiary who is described by either of the following: (1) The beneficiary: (A) is named in the certificate; and(B) survives the transferor.(2) The beneficiary:(A) survives the transferor; and(B) is entitled to an interest in the vehicle under IC 32-17-14-22 following the death of a beneficiary who: (i) is named in the certificate; and(ii) did not survive the transferor.(f) A certificate of title designating a transfer on death beneficiary is not testamentary.(g) In general, IC 32-17-14 applies to a certificate of title designating a transfer on death beneficiary. However, a particular provision of IC 32-17-14 does not apply if it is inconsistent with the requirements of this section or IC 9-17-2-2(b).Amended by P.L. 27-2018,SEC. 10, eff. 7/1/2018.Amended by P.L. 79-2017,SEC. 60, eff. 7/1/2017.Amended by P.L. 81-2015, SEC. 2, eff. 7/1/2015.Amended by P.L. 36-2011, SEC. 1, eff. 4/20/2011.As added by P.L. 83-2008, SEC.5. Amended by P.L. 143-2009, SEC.3; P.L. 6-2010, SEC.4.