Section 55-1A-22 - Holding stock in nominee's name without disclosing fiduciary relationship.
55-1A-22. Holding stock in nominee's name without disclosing fiduciary relationship. A trustee may hold any stock or other security in the name of a nominee or nominees, without disclosure of any fiduciary relationship, but he shall be liable for any and all acts and omissions of the nominee relating to such assets.
Source: SL 1979, ch 336, § 22.