State Codes and Statutes

Statutes > Mississippi > Title-91 > 11 > 91-11-3

§ 91-11-3. Definitions.
 

In this chapter, unless the context otherwise requires: 
 

(a) "Assignment" includes any written stock power, bond power, bill of sale, deed, declaration of trust, or other instrument of transfer. 

(b) "Claim of beneficial interest" includes a claim of any interest by a decedent's legatee, distributee, heir, or creditor, a beneficiary under a trust, a ward, a beneficial owner of a security registered in the name of a nominee, a minor owner of a security registered in the name of a custodian, or a claim of any similar interest, whether the claim is asserted by the claimant or by a fiduciary or by any other authorized person on his behalf, and includes a claim that the transfer would be in breach of fiduciary duties. 

(c) "Corporation" means a private or public corporation, association, or trust issuing a security. 

(d) "Fiduciary" means an executor, administrator, trustee, guardian, committee, conservator, curator, tutor, custodian, or nominee. 

(e) "Person" includes an individual, a corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, two or more persons having a joint or common interest, 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 to ownership on the books of the corporation. 

(g) "Transfer" means a change on the books of a corporation in the registered ownership of a security. 

(h) "Transfer agent" means a person employed or authorized by a corporation to transfer securities issued by the corporation. 
 

Sources: Codes, 1942, § 5359-31; Laws,  1960, ch. 266, § 1, eff from and after passage (approved May 11, 1960).

 

State Codes and Statutes

Statutes > Mississippi > Title-91 > 11 > 91-11-3

§ 91-11-3. Definitions.
 

In this chapter, unless the context otherwise requires: 
 

(a) "Assignment" includes any written stock power, bond power, bill of sale, deed, declaration of trust, or other instrument of transfer. 

(b) "Claim of beneficial interest" includes a claim of any interest by a decedent's legatee, distributee, heir, or creditor, a beneficiary under a trust, a ward, a beneficial owner of a security registered in the name of a nominee, a minor owner of a security registered in the name of a custodian, or a claim of any similar interest, whether the claim is asserted by the claimant or by a fiduciary or by any other authorized person on his behalf, and includes a claim that the transfer would be in breach of fiduciary duties. 

(c) "Corporation" means a private or public corporation, association, or trust issuing a security. 

(d) "Fiduciary" means an executor, administrator, trustee, guardian, committee, conservator, curator, tutor, custodian, or nominee. 

(e) "Person" includes an individual, a corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, two or more persons having a joint or common interest, 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 to ownership on the books of the corporation. 

(g) "Transfer" means a change on the books of a corporation in the registered ownership of a security. 

(h) "Transfer agent" means a person employed or authorized by a corporation to transfer securities issued by the corporation. 
 

Sources: Codes, 1942, § 5359-31; Laws,  1960, ch. 266, § 1, eff from and after passage (approved May 11, 1960).

 


State Codes and Statutes

State Codes and Statutes

Statutes > Mississippi > Title-91 > 11 > 91-11-3

§ 91-11-3. Definitions.
 

In this chapter, unless the context otherwise requires: 
 

(a) "Assignment" includes any written stock power, bond power, bill of sale, deed, declaration of trust, or other instrument of transfer. 

(b) "Claim of beneficial interest" includes a claim of any interest by a decedent's legatee, distributee, heir, or creditor, a beneficiary under a trust, a ward, a beneficial owner of a security registered in the name of a nominee, a minor owner of a security registered in the name of a custodian, or a claim of any similar interest, whether the claim is asserted by the claimant or by a fiduciary or by any other authorized person on his behalf, and includes a claim that the transfer would be in breach of fiduciary duties. 

(c) "Corporation" means a private or public corporation, association, or trust issuing a security. 

(d) "Fiduciary" means an executor, administrator, trustee, guardian, committee, conservator, curator, tutor, custodian, or nominee. 

(e) "Person" includes an individual, a corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, two or more persons having a joint or common interest, 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 to ownership on the books of the corporation. 

(g) "Transfer" means a change on the books of a corporation in the registered ownership of a security. 

(h) "Transfer agent" means a person employed or authorized by a corporation to transfer securities issued by the corporation. 
 

Sources: Codes, 1942, § 5359-31; Laws,  1960, ch. 266, § 1, eff from and after passage (approved May 11, 1960).