2019 Delaware Code
Title 12 - Decedents' Estates and Fiduciary Relations
Chapter 43. Uniform Act for Simplification of Fiduciary Security Transfers
§ 4308 Territorial application.
(a) 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 law of the jurisdiction under whose laws the corporation is organized.
(b) This chapter applies to the rights and duties of a person other than the corporation and its transfer agents with regard to acts and omissions in this State in connection with the acquisition, disposition, assignment or transfer of a security by or to a fiduciary and of a person who guarantees in this State the signature of a fiduciary in connection with such a transaction.
12 Del. C. 1953, § 4308; 54 Del. Laws, c. 141.