Title 68 — TRUSTS AND FIDUCIARIES
13 chapters · 134 sections in this title.
Idaho Code § 68-901 Definitions
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68-901. Definitions. 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 b…
Idaho Code § 68-902 Registration in the name of a fiduciary
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68-902. Registration in the name of a 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 relati…
Idaho Code § 68-903 Assignment by a fiduciary
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68-903. Assignment by a fiduciary. Except as otherwise provided in this act, a corporation or transfer agent making a transfer of a security pursuant to an assignment by a fiduciary (a) may assume without inquiry that the assignment even though to the fiduciary himself or to his …
Idaho Code § 68-904 Evidence of appointment or incumbency
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68-904. Evidence of appointment or incumbency. A corporation or transfer agent making a transfer pursuant to an assignment by a fiduciary who is not the registered owner shall obtain the following evidence of appointment or incumbency: (a) In the case of a fiduciary appointed or …
Idaho Code § 68-905 Adverse claims
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68-905. Adverse claims. (a) A person asserting a claim of beneficial interest adverse to the transfer of a security pursuant to an assignment by a fiduciary may give the corporation or transfer agent written notice of the claim. The corporation or transfer agent is not put on not…
Idaho Code § 68-906 Nonliability of corporation and transfer agent
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68-906. Nonliability of corporation and transfer agent. A corporation or transfer agent incurs no liability to any person by making a transfer or otherwise acting in a manner authorized by this act.
Idaho Code § 68-907 Nonliability of third persons
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68-907. Nonliability of third persons. (a) No person who participates in the acquisition, disposition, assignment or transfer of a security by or to a fiduciary, including a person who guarantees the signature of the fiduciary, (is liable for participation in any breach of fiduci…
Idaho Code § 68-908 Territorial application
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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 unde…
Idaho Code § 68-909 Tax obligations
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68-909. Tax obligations. This act does not affect any obligation of a corporation or transfer agent with respect to estate, inheritance, succession, or other taxes imposed by the laws of this state.
Idaho Code § 68-910 Uniformity of interpretation
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68-910. Uniformity of interpretation. This act shall be so construed as to effectuate its general purpose to make uniform the law of those states which enact it.
Idaho Code § 68-911 Short title
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68-911. Short title. This act may be cited as the Uniform Act for the Simplification of Fiduciary Security Transfers.