7-8-320
Section 7-8-320 (Effective Until January 1, 1997) Transfer or pledge within a central depository
system. (1) If a security: (a) Is in the custody of a clearing corporation or of a custodian
bank or a nominee of either subject to the instructions of the clearing corporation; and (b)
Is in bearer form or indorsed in blank by an appropriate person or registered in the name
of the clearing corporation or custodian bank or a nominee of either; and (c) Is shown on
the account of a transferor or pledgor on the books of the clearing corporation; Then, in
addition to other methods, a transfer or pledge of the security or any interest therein may
be effected by the making of appropriate entries on the books of the clearing corporation
reducing the account of the transferor or pledgor and increasing the account of the transferee
or pledgee by the amount of the obligation or the number of shares or rights transferred or
pledged. (2) Under this section entries may be with respect to like securities...
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11-92A-12
or grants of money that may be appropriated by or to the authority; (6) To pledge the proceeds
of such receipts, revenues, or grants of money as security for the payment of the principal
of and interest on its bonds; (7) To make surveys and other analyses to determine suitable
locations for prospective industries; (8) To make surveys and other analyses to determine
the availability of labor and to classify such labor in terms of skills and educational levels;
(9) To assist other public or private persons in the survey and analyses of their industrial
resources and needs; (10) To make grants of money to other public or private persons
and to any organization which is described in Section 501(c)(3) of the Internal Revenue Code
of 1986, as in effect from time to time, or as recodified, or any corresponding provision
of any future revenue law; (11) To accept gifts, grants, bequests, or devises; (12) To accept
pledges of revenues or grants of money from public persons and to enter into...
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19-4-2
Section 19-4-2 Deposit of securities authorized; merger, etc., of certificates representing
securities; transfer of ownership, etc., of securities; maintenance of records by fiduciary;
rules and regulations governing banks acting as fiduciaries; certification by fiduciary of
securities deposited. (a) Notwithstanding any other provision of law to the contrary, any
fiduciary holding securities in a fiduciary capacity is authorized, in the absence of specific
provision to the contrary in the governing instrument or court order under which the fiduciary
is acting, to deposit or arrange for the deposit of such securities in a clearing corporation.
(b) When such securities are so deposited, certificates representing securities of the same
class of the same issuer may be merged and held in bulk in the name of the nominee of such
clearing corporation with any other such securities deposited in such clearing corporation
by any person regardless of the ownership of securities and certificates of...
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7-8-102
Section 7-8-102 Definitions. (a) In this article: (1) "Adverse claim" means a claim
that a claimant has a property interest in a financial asset and that it is a violation of
the rights of the claimant for another person to hold, transfer, or deal with the financial
asset. (2) "Bearer form," as applied to a certificated security, means a form in
which the security is payable to the bearer of the security certificate according to its terms
but not by reason of an indorsement. (3) "Broker" means a person defined as a broker
or dealer under the federal securities laws, but without excluding a bank acting in that capacity.
(4) "Certificated security" means a security that is represented by a certificate.
(5) "Clearing corporation" means: (i) a person that is registered as a "clearing
agency" under the federal securities laws; (ii) a federal reserve bank; or (iii) any
other person that provides clearance or settlement services with respect to financial assets
that would require it to...
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24-1-27
seal and to alter the same at pleasure. (24) To have perpetual succession. (25) To make and
execute contracts and other instruments necessary or convenient to the exercise of the powers
of the authority. (26) To make and from time to time amend and repeal bylaws, rules, and regulations,
not inconsistent with this article, to carry into effect the powers and purposes of the authority.
(27) To conduct examinations and investigations and to hear testimony and take proof under
oath, at public or private hearings, on any matter material for its information. (28)
To issue subpoenas requiring the attendance of witnesses or the production of books and papers
and to issue commissions for the examination of witnesses who are out of the state or unable
to attend before the authority or excused from attendance. (29) To make available to such
agencies, boards or commissions as are charged with the duty of abating nuisances or demolishing
unsafe or unsanitary structures within its territorial...
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24-1-66
seal and to alter the same at pleasure; (23) To have perpetual succession; (24) To make and
execute contracts and other instruments necessary or convenient to the exercise of the powers
of the authority; (25) To make and from time to time amend and repeal bylaws, rules, and regulations,
not inconsistent with this article, to carry into effect the powers and purposes of the authority;
(26) To conduct examinations and investigations and to hear testimony and take proof under
oath, at public or private hearings, on any matter material for its information; (27)
To issue subpoenas requiring the attendance of witnesses or the production of books and papers
and to issue commissions for the examination of witnesses who are out of the state or unable
to attend before the authority, or excused from attendance; (28) To make available to such
agencies, boards, or commissions as are charged with the duty of abating nuisances or demolishing
unsafe or unsanitary structures within its territorial...
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43-2-843
Section 43-2-843 Transactions authorized for personal representatives; exceptions. Except as
restricted or otherwise provided by the will or by an order of court and subject to the priorities
stated in Section 43-8-76, a personal representative, acting prudently for the benefit of
the interested persons, may properly: (1) Retain assets owned by the decedent pending distribution
or liquidation including those in which the representative is personally interested or which
are otherwise improper for trust investment. (2) Receive assets from fiduciaries, or other
sources. (3) Perform, compromise, or refuse performance of the decedent's contracts that continue
as obligations of the estate, as the personal representative may determine under the circumstances.
In performing enforceable contracts by the decedent to convey or lease land, the personal
representative, among other possible courses of action, may do either of the following: a.
Execute and deliver a deed of conveyance for cash...
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45-9-243.40
of the other, provided that the appropriate sales or use tax, if any was due, has been paid
on such item of personal property, and provided personal property to any person other than
any such sister, parent, or subsidiary corporation, any privilege or license tax due and payable
with respect to such subsequent subleasing under the provisions hereof shall be paid; (12)
The gross proceeds accruing from the leasing or rental of any tangible personal property by
a lessee which is a public or private hospital, nursing home, or health care facility,
or by a lessee which is an exempt organization; (13) The gross proceeds accruing from the
leasing or rental of medical equipment; (14) The gross proceeds accrued or accruing from any
leases or rental contracts in effect before August 1, 1989, provided, however, that the exemption
hereby afforded shall not apply to any renewal or extension of such leases or contracts and
shall not apply to gross proceeds accruing after one year from the first...
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27-29-3
Section 27-29-3 Acquisition of control of, or merger with, domestic insurers. (a)(1) No person
other than the issuer shall make a tender offer for or a request or invitation for tenders
of, or enter into any agreement to exchange securities for, seek to acquire, or acquire in
the open market any voting security of a domestic insurer if, after the consummation thereof,
such person would, directly or indirectly, or by conversion or by exercise of any right to
acquire, be in control of such insurer, and no person shall enter into an agreement to merge
with or otherwise to acquire control of a domestic insurer, or any person controlling a domestic
insurer unless, at the time any such offer, request, or invitation is made or any such agreement
is entered into, or prior to the acquisition of such securities if no offer or agreement is
involved such person has filed with the commissioner and has sent to such insurer a statement
containing the information required by this section and such...
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11-50A-8
respect to the use thereof; or to sell, lease, or otherwise dispose of any of its property
in any manner it deems to the best advantage of the authority and the purposes thereof. The
powers to acquire, use, and dispose of property contained in this section shall include the
power to acquire, use, and dispose of any interest in any property, whether divided or undivided,
which may result in the ownership of any property or any part thereof in common with any other
party or parties, public or private. With respect to any property held jointly with
others, the parties may provide, by deed or contract, for the waiver of the right of partition
and sale for partition or division, which such waivers, if given, shall be binding on all
successors and assigns of the joint owners of such property. In any acquisition of real or
personal property by the authority in common with any other party, public or private,
either of the joint owners shall have an option to purchase the interest of any of...
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