Definitions. In this chapter, unless the context otherwise requires: (1) 'assignment' includes a written stock power, bond power, bill of sale, deed, declaration of trust or other instrument of transfer; (2) '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, or a minor owner of a security registered in the name of a custodian, or a claim of a 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; (3) 'corporation' means a private or public corporation, association, or trust issuing a security; (4) 'fiduciary' means an executor, administrator, trustee, guardian, committee, conservator, curator, tutor, custodian, or nominee; (5) '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 other 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 other legal or commercial entity; (6) 'security' includes a 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; (7) 'transfer' means a change on the books of a corporation in the registered ownership of a security; (8) 'transfer agent' means a person employed or authorized by a corporation to transfer securities issued by the corporation. (Aug. 30, 1964, 78 Stat. 672, Pub. L. 88-509, § 1.) Prior Codifications 1981 Ed., § 28-2901. 1973 Ed., § 28-2901. Editor's Notes Uniform Law: This section is based upon § 1 of the Uniform Act for Simplification of Fiduciary Security Transfers.
District of Columbia Legal Code