New Mexico § 46-8-2 Definitions

New Mexico Statutes

§ 46-8-2 — Definitions

New Mexico § 46-8-2

Ch. 46Fiduciaries and Trusts

Art. 8Simplification of Fiduciary Security Transfers

This text of New Mexico § 46-8-2 (Definitions) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 46-8-2 (2026).

Text

In the Uniform Act for Simplification of Fiduciary Security Transfers, 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 pr

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In the Uniform Act for Simplification of Fiduciary Security Transfers, 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 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 that 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; and H. "transfer agent" means a person employed or authorized by a corporation to transfer securities issued by the corporation.