2017 Indiana Code
TITLE 30. Trusts and Fiduciaries
ARTICLE 2. GENERAL PROVISIONS
CHAPTER 5. Uniform Act for the Simplification of Fiduciary Security Transfers
30-2-5-8. Territorial application

Universal Citation: IN Code § 30-2-5-8 (2017)
IC 30-2-5-8 Territorial application

     Sec. 8. (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.

Formerly: Acts 1961, c.124, s.8. As amended by Acts 1982, P.L.171, SEC.101.

 

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