There is a newer version of the South Dakota Codified Laws
2006 South Dakota Code - 55-8-1 — Definition of terms.
55-8-1. Definition of terms. In this chapter, unless the context otherwise requires:
(1) "Assignment" includes any written
stock power, bond power, bill of sale, deed, declaration of trust,
or other instrument of transfer.
(2) "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.
(3) "Corporation" means a private or
public corporation, association or trust issuing a
security.
(4) "Fiduciary" means an executor,
administrator, trustee, guardian, committee, conservator, curator,
tutor, custodian, or nominee.
(5) "Person" includes an individual, a
corporation, government or governmental subdivision or agency,
business trust, estate, trust, partnership or association, two or
more persons having a joint or common interest, or any other legal
or commercial entity.
(6) "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.
(7) "Transfer" means a change on the books
of a corporation in the registered ownership of a
security.
(8) "Transfer agent" means a person
employed or authorized by a corporation to transfer securities
issued by the corporation.
Source: SL 1961, ch 22, § 1.
Source: SL 1961, ch 22, § 1.
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