8-6-11
Section 8-6-11 Registration of securities - Exempt transactions. (a) Except as hereinafter
in this section expressly provided, Sections 8-6-3 through 8-6-9 shall not apply to any of
the following transactions: (1) Any isolated nonissuer transaction, whether effected through
a dealer or not; (2) Any nonissuer transaction in an outstanding security by a registered
dealer if: a. The issuer has a class of securities subject to registration under Section 12
of the Securities Exchange Act of 1934 and has been subject to the reporting requirements
of Sections 13 or 15(d) of the Securities Exchange Act of 1934 for not less than 180 days
before the transaction; or has filed and maintained with the commission for not less than
180 days before the transaction information, in such form as the commission, by rule, specifies,
substantially comparable to the information which the issuer would be required to file under
Section 12(b) or Section 12(g) of the Securities Exchange Act of 1934, or the...
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7-8-302
Section 7-8-302 Rights of purchaser. (a) Except as otherwise provided in subsections (b) and
(c), a purchaser of a certificated or uncertificated security acquires all rights in the security
that the transferor had or had power to transfer. (b) A purchaser of a limited interest acquires
rights only to the extent of the interest purchased. (c) A purchaser of a certificated security
who as a previous holder had notice of an adverse claim does not improve its position by taking
from a protected purchaser. (Acts 1996, No. 96-742, p. 1241, §1; Act 2001-481, p. 647, §2.)...

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7-8-406
Section 7-8-406 Obligation to notify issuer of lost, destroyed, or wrongfully taken security
certificate. If a security certificate has been lost, apparently destroyed, or wrongfully
taken, and the owner fails to notify the issuer of that fact within a reasonable time after
the owner has notice of it and the issuer registers a transfer of the security before receiving
notification, the owner may not assert against the issuer a claim for registering the transfer
under Section 7-8-404 or a claim to a new security certificate under Section 7-8-405. (Acts
1996, No. 96-742, p. 1241, §1.)...
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8-6-92
Section 8-6-92 Liability of bank, transfer agent, etc., for treating minor as having capacity
to exercise security rights; presumption that holder not minor. (a) A bank, broker, issuer,
third-party or transfer agent incurs no liability by reason of his treating a minor as having
capacity to transfer a security, to receive or to empower others to receive dividends, interest,
principal, or other payments or distributions, to vote or give consent in person or by proxy,
or to make elections or exercise rights relating to the security unless prior to acting in
the transaction the bank, broker, issuer, third-party or transfer agent had received written
notice in the office acting in the transaction that the specific security is held by a minor.
(b) Except as otherwise provided in this article, such a bank, broker, issuer, third-party
or transfer agent may assume without inquiry that the holder of a security is not a minor.
(Acts 1961, No. 1010, p. 1585, §2.)...
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8-6-74
Section 8-6-74 (Repealed effective January 1, 1997) Inquiry into fiduciary relationship not
required; presumption that registered owner continues to be fiduciary. A corporation or transfer
agent registering a security in the name of a person who is a fiduciary, or who is described
as a fiduciary, is not bound to inquire into the existence, extent, or correct description
of the fiduciary relationship, and thereafter, the corporation and its transfer agent may
assume without inquiry that the newly registered owner continues to be the fiduciary until
the corporation or transfer agent receives written notice that the fiduciary is no longer
acting as such with respect to the particular security. (Acts 1961, No. 1016, p. 1593, §2.)...

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7-8-109
Section 7-8-109 Warranties in indirect holding. (a) A person who originates an entitlement
order to a securities intermediary warrants to the securities intermediary that: (1) the entitlement
order is made by an appropriate person, or if the entitlement order is by an agent, the agent
has actual authority to act on behalf of the appropriate person; and (2) there is no adverse
claim to the security entitlement. (b) A person who delivers a security certificate to a securities
intermediary for credit to a securities account or originates an instruction with respect
to an uncertificated security directing that the uncertificated security be credited to a
securities account makes to the securities intermediary the warranties specified in Section
7-8-108(a) or (b). (c) If a securities intermediary delivers a security certificate to its
entitlement holder or causes its entitlement holder to be registered as the owner of an uncertificated
security, the securities intermediary makes to the...
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7-8-210
Section 7-8-210 Overissue. (a) In this section, "overissue" means the issue of securities
in excess of the amount the issuer has corporate power to issue, but an overissue does not
occur if appropriate action has cured the overissue. (b) Except as otherwise provided in subsections
(c) and (d), the provisions of this article which validate a security or compel its issue
or reissue do not apply to the extent that validation, issue, or reissue would result in overissue.
(c) If an identical security not constituting an overissue is reasonably available for purchase,
a person entitled to issue or validation may compel the issuer to purchase the security and
deliver it if certificated or register its transfer if uncertificated, against surrender of
any security certificate the person holds. (d) If a security is not reasonably available for
purchase, a person entitled to issue or validation may recover from the issuer the price the
person or the last purchaser for value paid for it with...
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8-6-143
Section 8-6-143 Registration - Designation of a beneficiary. A security, whether evidenced
by certificate or account, is registered in beneficiary form when the registration includes
a designation of a beneficiary to take the ownership at the death of the owner or the deaths
of all multiple owners. (Acts 1997, No. 97-703, p. 1451, §4.)...
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33-5-16
Section 33-5-16 Certificates of registration and numbers generally - Transfer of interest or
destruction or abandonment of vessel; change of address; duplicate registration certificates.
(a) The owner shall furnish the Department of Conservation and Natural Resources notice of
the transfer of all or any part of his or her interest other than the creation of a security
interest in a vessel numbered in this state pursuant to this article or of the destruction
or abandonment of such vessel within 15 days thereof. Such transfer, destruction, or abandonment
shall terminate the certificate for such vessel; except, that in the case of a transfer of
a part interest which does not affect the owner's right to operate such vessel, such transfer
shall not terminate the certificate. (b) Any holder of a certificate shall notify the Department
of Conservation and Natural Resources within 15 days if his or her address no longer conforms
to the address appearing on the certificate and shall, as a part...
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8-6-144
Section 8-6-144 Registration - Applicable language. Registration in beneficiary form may be
shown by the words "transfer on death" or the abbreviation "TOD," or by
the words "pay on death" or the abbreviation "POD," after the name of
the registered owner and before the name of a beneficiary. (Acts 1997, No. 97-703, p. 1451,
§5.)...
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