17-4903. Definitions.
17-4903
17-4903. Definitions.In this act, unless the context otherwise requires:
(a) "Assignment" includes any written stock power, bond power, billof sale, deed, declaration of trust, or other instrument of transfer.
(b) "Claim of beneficial interest" includes a claim of any interestby a decedent's legatee, distributee, heir, or creditor, a beneficiaryunder a trust, a conservatee, a beneficial owner of a securityregistered in the name of a nominee, or a minor owner of a securityregistered in the name of a custodian, or a claim of any similarinterest, whether the claim is asserted by the claimant or by afiduciary or by any other authorized person on his behalf, and includesa claim that the transfer would be a [in] breach of fiduciary duties.
(c) "Corporation" means a private or public corporation, associationor trust issuing a security.
(d) "Fiduciary" means an executor, administrator, trustee, guardian,committee, conservator, curator, tutor, custodian, nominee, receiver,assignee for benefit of creditors, partner, agent, officer of acorporation, public or private, public officer, or any other personacting in a fiduciary capacity for any person, trust or estate.
(e) "Person" includes an individual, a corporation, government orgovernmental subdivision or agency, business trust, estate, trust,partnership or association, two or more persons having a joint or commoninterest, or any other legal or commercial entity.
(f) "Security" includes any share of stock, bond, debenture, note,or other security issued by a corporation which is registered as toownership on the books of the corporation.
(g) "Transfer" means a change on the books of a corporation in theregistered ownership of a security.
(h) "Transfer agent" means a person employed or authorized by acorporation to transfer securities issued by the corporation.
History: L. 1961, ch. 123, § 1; L. 1965, ch. 150, §6; Jan. 1, 1966.