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25 chapters · 550 sections in this title.
SDCL § 55-8-1 Definition of terms
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In this chapter, unless the context otherwise requires: (1) "Assignment" includes any written stock power, bond power, bill of sale, deed, declaration of trust, or other instrument of transfer. (2) "Claim of beneficial interest" includes a claim of any interest by a decedent's le…
SDCL § 55-8-10 Claim of beneficial interest adverse to transfer of security--Notice of presentment to claimant--Restraining order
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As soon as practicable after the presentation of a security for transfer pursuant to an assignment by a fiduciary, a corporation or transfer agent which has received notice of a claim of beneficial interest adverse to the transfer may send notice of the presentation by registered…
SDCL § 55-8-11 Liability of corporation or transfer agent for making or refusing transfer
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Nothing in this chapter relieves the corporation or transfer agent of any liability for making or refusing to make the transfer after it is put on notice pursuant to § 55-8-9 , unless it proceeds in the manner authorized in § 55-8-10 . Source: SL 1961, ch 22 , § 5 (1).
SDCL § 55-8-12 Nonliability of corporation or transfer agent for authorized acts
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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. Source: SL 1961, ch 22 , § 6.
