22-5-10. Tax obligations not affected by act. This act does not affect any obligation of a corporation or transfer agent with respect to estate, inheritance, succession or other taxes imposed by the laws of this state. Enacted by Chapter 46, 1961 General Session
22-5-11. Construction. This act shall be so construed as to effectuate its general purpose to make uniform the law of those states which enact it. Enacted by Chapter 46, 1961 General Session
22-5-3. Registration of security in the name of a fiduciary. A corporation or transfer agent registering a security in the name of a person who is a fiduciary or who is described as a fiduciary is not bound to inquire into the existence, extent, or correct description of the fiduciary relationship, and thereafter the corporation […]
22-5-4. Assignment of security by a fiduciary. Except as otherwise provided in this chapter, a corporation or transfer agent making a transfer of a security pursuant to an assignment by a fiduciary: (1) may assume without inquiry that the assignment, even though to the fiduciary himself or to his nominee, is within his authority and […]
22-5-5. Assignment of security by a fiduciary — Evidence of appointment or incumbency. A corporation or transfer agent making a transfer pursuant to an assignment by a fiduciary who is not the registered owner shall obtain the following evidence of appointment or incumbency: (1) in the case of a fiduciary appointed or qualified by a […]
22-5-6. Adverse claims to transfer of security by a fiduciary — Notice. (1) A person asserting a claim of beneficial interest adverse to the transfer of a security pursuant to an assignment by a fiduciary may give the corporation or transfer agent written notice of the claim. The corporation or transfer agent is not put […]
22-5-7. Nonliability of corporation or transfer agent. A corporation or transfer agent incurs no liability to any person by making a transfer or otherwise acting in a manner authorized by this act. Enacted by Chapter 46, 1961 General Session
22-5-8. Nonliability of third persons. (1) No person who participates in the acquisition, disposition, assignment or transfer of a security by or to a fiduciary including a person who guarantees the signature of the fiduciary is liable for participation in any breach of fiduciary duty by reason of failure to inquire whether the transaction involves […]
22-5-9. Territorial application of law to rights and duties of corporation or third persons. (1) The rights and duties of a corporation and its transfer agents in registering a security in the name of a fiduciary or in making a transfer of a security pursuant to an assignment by a fiduciary are governed by the […]
