South Dakota Statutes

§ 55-8-9 — Claim of beneficial interest adverse to transfer of security--Written notice to corporation or transfer agent, contents.

South Dakota § 55-8-9
JurisdictionSouth Dakota
Title 55FIDUCIARIES AND TRUSTS
Ch. 55-8REGISTRATION AND TRANSFER OF SECURITIES HELD BY FIDUCIARIES

This text of South Dakota § 55-8-9 (Claim of beneficial interest adverse to transfer of security--Written notice to corporation or transfer agent, contents.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 55-8-9 (2026).

Text

A person asserting a claim of beneficial interest adverse to the transfer of a security pursuant to an assignment by a fiduciary may give the corporation or transfer agent written notice of the claim. The corporation or transfer agent is not put on notice unless the written notice identifies the claimant, the registered owner, and the issue of which the security is a part, provides an address for communications directed to the claimant and is received before the transfer.

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Legislative History

SL 1961, ch 22, § 5 (1).

Nearby Sections

15
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Bluebook (online)
South Dakota § 55-8-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/55-8-9.