In this chapter, 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 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 any similar interest, whether the claim is asserted by the claimant or by a fiduciary or by any other authorized person on his or her 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 more persons having a joint or common n' 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 that 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. History of Section.P.L. 1959, ch. 85, § 2.
Rhode Island Legal Code