2005 Idaho Code - 68-901 — DEFINITIONS

                                  TITLE  68
                            TRUSTS AND FIDUCIARIES
                                  CHAPTER 9
                         SIMPLIFICATION OF FIDUCIARY
                              SECURITY TRANSFERS
    68-901.  DEFINITIONS. In this act, unless the context otherwise requires:
    (a)  "Assignment" includes any written stock power, bond power, bill of
sale, deed, declaration of trust, or other instrument of transfer.
    (b)  "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 security registered in the name of a
nominee, or a minor owner of a security registered in the name of a custodian,
or a claim of any similar interest, whether the claim is asserted by the
claimant or by a fiduciary or by any other authorized person on his behalf,
and includes a claim that the transfer would be in breach of fiduciary duties.
    (c)  "Corporation" means a private or public corporation, association or
trust issuing a security.
    (d)  "Fiduciary" means an executor, administrator, trustee, guardian,
committee, conservator, curator, tutor, custodian, or nominee.
    (e)  "Person" includes an individual, a corporation, government or
governmental subdivision or agency, business trust, estate, trust, partnership
or association, two (2) or more persons having a joint or common interest, or
any other legal or commercial entity.
    (f)  "Security" includes any share of stock, bond, debenture, note, or
other security issued by a corporation which is registered as to ownership on
the books of the corporation.
    (g)  "Transfer" means a change on the books of a corporation in the
registered ownership of a security.
    (h)  "Transfer agent" means a person employed or authorized by a
corporation to transfer securities issued by the corporation.

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