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Mississippi Statutes, Title 91

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Title 91, Trusts and Estates

18 chapters · 531 sections in this title.

All chapters in Title 91531 Ch 7, Executors and Administrators166 Ch 8, Mississippi Uniform Trust Code111 Ch 17, Mississippi Principal and Income Act…35 Ch 9, Trusts and Trustees32 Ch 20, Transfers to Minors25 Ch 27, Mississippi Real Property Transfer-O…19 Ch 23, Revised Uniform Fiduciary Access to …18 Ch 1, Descent and Distribution17 Ch 5, Wills and Testaments17 Ch 25, Mississippi Uniform Estate Tax Appor…14 Ch 21, Uniform Transfer-on-Death Security R…13 Ch 29, Effect of Dissolution of Marriage13 Ch 31, Uniform Partition of Heir Property13 Ch 11, Fiduciary Security Transfers11

11 sections·Filtered byTitle 91✕Ch 11✕

Miss. Code Ann. § 91-11-1 Citation of chapter
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This chapter may be cited as the Uniform Act for Simplification of Fiduciary Security Transfers.
Miss. Code Ann. § 91-11-11 Adverse claims
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(1) 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 notice unless the written n…
Miss. Code Ann. § 91-11-13 Non-liability of corporation and transfer agent
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A corporation or transfer agent incurs no liability to any person by making a transfer or otherwise acting in a manner authorized by this chapter.
Miss. Code Ann. § 91-11-15 Non-liability of third persons
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(1) 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 fiduciary duty by reason of failure to inquir…

Miss. Code Ann. § 91-11-17 Territorial application

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(1) 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 under whose laws the corporation is…

Miss. Code Ann. § 91-11-19 Tax obligations

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This chapter 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.

Miss. Code Ann. § 91-11-21 Uniformity of interpretation

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This chapter shall be so construed as to effectuate its general purpose to make uniform the law of those states which enact it.

Miss. Code Ann. § 91-11-3 Definitions

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(a) In this chapter, 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 …

Miss. Code Ann. § 91-11-5 Registration in name of fiduciary

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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. Thereafter the corporation and its transf…

Miss. Code Ann. § 91-11-7 Assignment by fiduciary

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(a) Except as otherwise provided in this chapter, 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 nominee, is within his aut…

Miss. Code Ann. § 91-11-9 Evidence of appointment or incumbency

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(a) 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 qualified by a court, a certificate issued b…