New Mexico § 46-8-2 - Definitions
Full text of New Mexico New Mexico Statutes Annotated § 46-8-2 — Definitions, with citation guidance and answers to common questions.
§ 46-8-2. Definitions
In the Uniform Act for Simplification of Fiduciary Security Transfers, 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
legatee, distributee, heir or creditor, a beneficiary under a trust, a ward, a beneficial
owner of a security registered in the name of a nominee or a minor owner of a security
registered in the name of a custodian, or a claim of any similar interest, whether
the claim is asserted by the claimant or by a fiduciary or by any other authorized
person on his behalf, and includes a claim that the transfer would be in breach of
fiduciary duties; C. “corporation” means a private or public corporation, association or trust issuing
a security; D. “fiduciary” means an executor, administrator, trustee, guardian, committee, conservator,
curator, tutor, custodian or nominee; E. “person” includes an individual, a corporation, government or governmental subdivision
or agency, business trust, estate, trust, partnership or association, two or more
persons having a joint or common interest or any other legal or commercial entity; F. “security” includes any share of stock, bond, debenture, note or other security
issued by a corporation that is registered as to ownership on the books of the corporation; G. “transfer” means a change on the books of a corporation in the registered ownership
of a security; and H. “transfer agent” means a person employed or authorized by a corporation to transfer
securities issued by the corporation.
Frequently Asked Questions About New Mexico § 46-8-2
What does New Mexico Statutes Annotated § 46-8-2 cover?
Section 46-8-2 ("Definitions") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. 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 New Mexico § 46-8-2?
A common citation format is "New Mexico Statutes Annotated § 46-8-2" (New Mexico). 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 New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 46-8-2 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico 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 New Mexico.