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Current as of February 19, 2021 | Updated by FindLaw Staff
In this act, unless the context otherwise requires:
(a) “Assignment” includes any written stock power, bond power, bill of sale, deed, declaration of trust or other instrument of transfer.
(b) “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 ward, a beneficial owner of a security registered in the name of a nominee, or a minor owner 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 his behalf, and includes a claim that the transfer would be in breach of fiduciary duties.
(c) “Corporation” means a private or public corporation, association or trust issuing a security.
(d) “Fiduciary” means an executor, administrator, trustee, guardian, committee, conservator, curator, tutor, custodian or nominee.
(e) “Person” includes an individual, a corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, 2 or more persons having a joint or common interest, or any other legal or commercial entity.
(f) “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.
(g) “Transfer” means a change on the books of a corporation in the registered ownership of a security.
(h) “Transfer agent” means a person employed or authorized by a corporation to transfer securities issued by the corporation.
Cite this article: FindLaw.com - New Jersey Statutes Appendix - Statutes Title 14A Acts Saved from Repeal 14 § 18-1 - last updated February 19, 2021 | https://codes.findlaw.com/nj/appendix-title-14a-acts-saved-from-repeal/nj-st-sect-14-18-1/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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