22-5-2 - Definitions.
22-5-2. Definitions.
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 securityregistered in the name of a nominee, or a minor owner of a security registered in the name of acustodian, or a claim of any similar interest, whether the claim is asserted by the claimant or by afiduciary or by any other authorized person in his behalf, and includes a claim that the transferwould be in breach of fiduciary duties.
(3) "Corporation" means a private or public corporation, association or trust issuing asecurity.
(4) "Fiduciary" means an executor, administrator, trustee, guardian, committee,conservator, curator, tutor, custodian or nominee.
(5) "Person" includes an individual, a corporation, government or governmentalsubdivision or agency, business trust, estate, trust, partnership or association, two or more personshaving 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 issuedby 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 ownershipof a security.
(8) "Transfer agent" means a person employed or authorized by a corporation to transfersecurities issued by the corporation.
Amended by Chapter 20, 1995 General Session