68-908. TERRITORIAL APPLICATION. (a) The rights and duties of a corporation and its 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.
(b) This act 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.
History:
[68-908, added 1959, ch. 136, sec. 8, p. 294.]
Structure Idaho Code
Title 68 - TRUSTS AND FIDUCIARIES
Chapter 9 - SIMPLIFICATION OF FIDUCIARY SECURITY TRANSFERS
Section 68-902 - REGISTRATION IN THE NAME OF A FIDUCIARY.
Section 68-903 - ASSIGNMENT BY A FIDUCIARY.
Section 68-904 - EVIDENCE OF APPOINTMENT OR INCUMBENCY.
Section 68-905 - ADVERSE CLAIMS.
Section 68-906 - NONLIABILITY OF CORPORATION AND TRANSFER AGENT.
Section 68-907 - NONLIABILITY OF THIRD PERSONS.
Section 68-908 - TERRITORIAL APPLICATION.
Section 68-909 - TAX OBLIGATIONS.