Definitions
Sec. 1. In this chapter and IC 30-2-6, unless the context otherwise
requires:
(1) "Assignment" includes any written stock power, bond
power, bill of sale, deed, declaration of trust, or other
instrument of transfer.
(2) "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 protected person, a beneficial owner
of a security registered in the name of a nominee, or an owner
under eighteen (18) years of age, 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 the claimant's behalf, and includes
a claim that the transfer would be in breach of fiduciary duties.
(3) "Corporation" means a private or public corporation,
association, or trust issuing a security.
(4) "Fiduciary" means an executor, administrator, trustee,
guardian, committee, conservator, curator, tutor, custodian, or
nominee.
(5) "Person" includes an individual, a corporation, government
or governmental subdivision or agency, business trust, estate,
trust, partnership or association, two (2) or more persons having
a joint or common interest, or any other legal or commercial
entity.
(6) "Security" includes any share of stock, bond, debenture,
note, or other security issued by a corporation which is
registered as to ownership on the books of the corporation.
(7) "Transfer" means a change on the books of a corporation in
the registered ownership of a security.
(8) "Transfer agent" means a person employed or authorized by
a corporation to transfer securities issued by the corporation.
(Formerly: Acts 1961, c.124, s.1; Acts 1973, P.L.293, SEC.1.) As
amended by P.L.33-1989, SEC.91.
Last modified: May 27, 2006