§ 18-10-1. Authority to register security in name of nominee. Any trust company or national banking association doing business in this state when acting as executor, administrator, guardian, conservator, testamentary trustee, or trustee under any other instrument, whether alone or jointly with an individual or individuals, may, with the consent of the individual fiduciary or […]
§ 18-10-2. Direction for registration by individual fiduciary. (a) Any individual or individuals acting as executor, administrator, guardian, conservator, testamentary trustee, or trustee under any other instrument is and are authorized, respectively, to direct any trust company or national banking association doing business in this state to cause any property deposited with the trust company […]
§ 18-10-3. Liability of trust company or banking association — Accounts to show ownership. (a) Any trust company or national banking association shall be absolutely liable for any loss occasioned by the acts of any nominee or nominees of the trust company or national banking association with respect to any property so registered. (b) The […]
§ 18-10-4. Corporation or transfer agent relieved of liability on transfer of stock. In case any stock, shares, bonds, debentures, notes, or other securities are registered in the name of a nominee or nominees in accordance with the provisions of this chapter, the corporation, joint stock company, business trust, or association which has issued any […]
§ 18-10-5. Applicability. This chapter applies to all trusts, estates, and other fiduciary relationships, whether currently existing or subsequently created. History of Section.P.L. 1958, ch. 101, § 5.
