{"data":{"id":"us-sd/sdcl-55-8-1","jurisdiction":"us-sd","citation":"SDCL § 55-8-1","heading":"Definition of terms.","body":"In this chapter, unless the context otherwise requires:\n(1) \"Assignment\" includes any written stock power, bond power, bill of sale, deed, declaration of trust, or other instrument of transfer.\n(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 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.\n(3) \"Corporation\" means a private or public corporation, association or trust issuing a security.\n(4) \"Fiduciary\" means a personal representative, trustee, guardian, committee, conservator, curator, tutor, custodian, or nominee.\n(5) \"Person\" includes an individual, a corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, two or more persons having a joint or common interest, or any other legal or commercial entity.\n(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.\n(7) \"Transfer\" means a change on the books of a corporation in the registered ownership of a security.\n(8) \"Transfer agent\" means a person employed or authorized by a corporation to transfer securities issued by the corporation.","path":["TITLE 55. FIDUCIARIES AND TRUSTS","CHAPTER 55-8. REGISTRATION AND TRANSFER OF SECURITIES HELD BY FIDUCIARIES"],"source_url":"https://sdlegislature.gov/Statutes/55-8-1","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"b30a5b48327c269910e55064d45857edcf44d0ac5805953541aad41924cc0bdd","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-55-7-15","next":"us-sd/sdcl-55-8-2"},"notice":"GroundRules: Original legal text. Not legal advice."}