Delaware § 4302 - Registration in the name of a fiduciary.
Full text of Delaware Delaware Code § 4302 — Registration in the name of a fiduciary., with citation guidance and answers to common questions.
§ 4302. 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 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.
12 Del. C. 1953, § 4302; 54 Del. Laws, c. 141.;Source: official Delaware text · Last verified 2026-08-27
Frequently Asked Questions About Delaware § 4302
What does Delaware Code § 4302 cover?
Section 4302 ("Registration in the name of a fiduciary.") is part of the Delaware Code, the codified statutory law of Delaware. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Delaware § 4302?
A common citation format is "Delaware Code § 4302" (Delaware). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Delaware law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Delaware official source linked on this page or consult a licensed Delaware attorney.
How does Delaware § 4302 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Delaware can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Delaware.