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South Dakota Codified Laws

Chapter 55-8

S.D. Codified Laws ch. 55-8

Registration and Transfer of Securities Held by Fiduciaries

55-8-1Definition of terms.55-8-2Rights and duties of corporation and transfer agent--Law governing.55-8-3Application of chapter.55-8-4Registration of security in name of fiduciary.55-8-5Assignment of security by fiduciary--Assumption as to authority and capacity.55-8-6Assignment of security by fiduciary--Compliance with controlling instrument and law governing fiduciary relationship assumed.55-8-7Assignment of security by fiduciary--Corporation or transfer agent not charged with notice of records or documents.55-8-8Assignment of security by fiduciary not the registered owner--Evidence of appointment or incumbency.55-8-9Claim of beneficial interest adverse to transfer of security--Written notice to corporation or transfer agent, contents.55-8-10Claim of beneficial interest adverse to transfer of security--Notice of presentment to claimant--Restraining order.55-8-11Liability of corporation or transfer agent for making or refusing transfer.55-8-12Nonliability of corporation or transfer agent for authorized acts.55-8-13Participation in breach of fiduciary duty--Nonliability of third persons.55-8-14Liability of guarantor of signature of fiduciary.55-8-15Corporation and transfer agent not liable for breach of fiduciary duty or on guarantee of fiduciary's signature.55-8-16Tax obligations of corporation or transfer agent not affected by chapter.55-8-17Uniformity of interpretation.55-8-18Citation of chapter.