North Dakota § 30.1-31-21 (6-301) Definitions

North Dakota Statutes

§ 30.1-31-21 — (6-301) Definitions

North Dakota § 30.1-31-21

Title 30.1Uniform Probate Code

Ch. 30.1-31Nonprobate Transfers on Death

This text of North Dakota § 30.1-31-21 ((6-301) Definitions) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 30.1-31-21 (2026).

Text

As used in sections 30.1-31-21 through 30.1-31-30:

1."Beneficiary form" means a registration of a security which indicates the present owner of the security and the intention of the owner regarding the person who will become the owner of the security upon the death of the owner.

2."Register", including its derivatives, means to issue a certificate showing the ownership of a certificated security or, in the case of an uncertificated security, to initiate or transfer an account showing ownership of securities.

3."Registering entity" means a person who originates or transfers a security title by registration, and includes a broker maintaining security accounts for customers and a transfer agent or other person acting for or as an issuer of securities.

4."Security" means a share, particip

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As used in sections 30.1-31-21 through 30.1-31-30:
1. "Beneficiary form" means a registration of a security which indicates the present owner
of the security and the intention of the owner regarding the person who will become
the owner of the security upon the death of the owner.

2. "Register", including its derivatives, means to issue a certificate showing the
ownership of a certificated security or, in the case of an uncertificated security, to
initiate or transfer an account showing ownership of securities.
3. "Registering entity" means a person who originates or transfers a security title by
registration, and includes a broker maintaining security accounts for customers and a
transfer agent or other person acting for or as an issuer of securities.
4. "Security" means a share, participation, or other interest in property, in a business, or
in an obligation of an enterprise or other issuer, and includes a certificated security, an
uncertificated security, and a security account.
5. "Security account" means a reinvestment account associated with a security, a
securities account with a broker, a cash balance in a brokerage account, cash, cash
equivalents, interest, earnings, or dividends earned or declared on a security in an
account, a reinvestment account, or a brokerage account, whether or not credited to
the account before the owner's death; an investment management or custody account
with a trust company or a trust division of a bank, credit union, or any other financial
institution with trust powers, including the securities in the account, a cash balance in
the account, and cash, cash equivalents, interest, earnings, or dividends earned or
declared on a security in the account, whether or not credited to the account before
the owner's death; or a cash balance or other property held for or due to the owner of
a security as a replacement for or product of an account security, whether or not
credited to the account before the owner's death.