Rhode Island § 18-11-3 - Simplification of Fiduciary Security Transfers
Full text of Rhode Island Rhode Island General Laws § 18-11-3 — Simplification of Fiduciary Security Transfers, with citation guidance and answers to common questions.
§ 18-11-3. Simplification of Fiduciary Security Transfers
R.I. Gen. Laws § 18-11-3
§ 18-11-3. 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 a fiduciary with respect to that particular security.
History of Section.
P.L. 1959, ch. 85, § 3.
Source: official Rhode Island text · Last verified 2026-08-27
Frequently Asked Questions About Rhode Island § 18-11-3
What does Rhode Island General Laws § 18-11-3 cover?
Section 18-11-3 ("Simplification of Fiduciary Security Transfers") is part of the Rhode Island General Laws, the codified statutory law of Rhode Island. 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 Rhode Island § 18-11-3?
A common citation format is "Rhode Island General Laws § 18-11-3" (Rhode Island). 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 Rhode Island law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Rhode Island official source linked on this page or consult a licensed Rhode Island attorney.
How does Rhode Island § 18-11-3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Rhode Island 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 Rhode Island.