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§ 30-2-5-1 — Indiana Law | CourtGPT
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  2. Laws/
  3. Indiana/
  4. Title 30 - Trusts and Fiduciaries/
  5. Article 2 - General Provisions/
  6. Chapter 5 - Uniform Act for the Simplification of Fiduciary Security Transfers30-2-5-1. Definitions/
  7. § 30-2-5-1
Indiana Legal Code

§ 30-2-5-1

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In this chapter and IC 30-2-6, unless the context otherwise requires:(1) 'Assignment' includes any 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 protected person, a beneficial owner of a security registered in the name of a nominee, or an owner under eighteen (18) years of age, 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 the claimant's 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 (2) or

utor, custodian, or nominee.(5) 'Person' includes an individual, a corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, two (2) or more persons having a joint or common interest, or any other legal or commercial entity.(6) '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.(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.Formerly: Acts 1961, c.124, s.1; Acts 1973, P.L.293, SEC.1. As amended by P.L.33-1989, SEC.91.