Utah § 75A-7-109 Territorial application of law to rights and duties of corporation or third persons.

Utah Statutes

§ 75A-7-109 — Territorial application of law to rights and duties of corporation or third persons.

Utah·Title 75A Fiduciaries·Ch. 75A-7 Uniform Act for Simplification of Fiduciary Security Transfers

(1)The rights and duties of a corporation and the corporation's 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.

(2)This chapter 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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(1) The rights and duties of a corporation and the corporation's 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.
(2) This chapter 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.

Utah § 75A-7-109 (Territorial application of law to rights and duties of corporation or third persons.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.