§ 18-11-2 - Definitions. - Rhode Island Statutes

SECTION 18-11-2

   § 18-11-2  Definitions. – In this chapter, unless the context otherwise requires:

   (1) "Assignment" includes any written stock power, bondpower, bill of sale, deed, declaration of trust, or other instrument oftransfer.

   (2) "Claim of beneficial interest" includes a claim of anyinterest by a decedent's legatee, distributee, heir or creditor, a beneficiaryunder a trust, a ward, a beneficial owner of a security registered in the nameof a nominee, or a minor owner of a security registered in the name of acustodian, or a claim of any similar interest, whether the claim is asserted bythe claimant or by a fiduciary or by any other authorized person on his or herbehalf, and includes a claim that the transfer would be in breach of fiduciaryduties.

   (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 orcommon 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 that is registered as toownership on the books of the corporation.

   (7) "Transfer" means a change on the books of a corporationin the registered ownership of a security.

   (8) "Transfer agent" means a person employed or authorized bya corporation to transfer securities issued by the corporation.