Idaho Statutes

§ 68-908 — TERRITORIAL APPLICATION

Idaho·Title 68 TRUSTS AND FIDUCIARIES·Ch. 9 SIMPLIFICATION OF FIDUCIARY SECURITY TRANSFERS
(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 act 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.

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Legislative History

[68-908, added 1959, ch. 136, sec. 8, p. 294.]

Nearby Sections

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