HOUSE BILL No. 2082*
An Act concerning nonprobate transfer on death; relating to
Be it enacted by the Legislature of the State of Kansas:
Section 1. (a) A provision in the
following for a nonprobate transfer
on death is nontestamentary:
(1) Insurance policy or annuity
(2) contract of employment;
(3) current employee compensation or
(4) deferred compensation or pension
plan, including programs de-
scribed in sections 401(a), 403(b), 457 or 501(c)(18) of the
revenue code of 1986 as in effect on January 1, 2001;
(5) individual retirement plan, whether
custodial or otherwise; or
(6) account established pursuant to a
qualified state tuition program
under section 529 of the federal internal revenue code of 1986 as
on January 1, 2001.
(b) The provisions of subsection (a) do
not limit rights of creditors
under other laws of this state.
Sec. 2. This act shall take effect and be in force
from and after its
publication in the statute book.
Approved March 27, 2001.