Full text of Utah Utah Code § 75-6-302 — Definitions., with citation guidance and answers to common questions.
§ 75-6-302. Definitions.
75-6-302.
Definitions.
In this part, unless the context otherwise requires:
| (1) |
"Beneficiary form" means a registration of a security which indicates the present owner of the security and the intention of the owner regarding the person who will become the owner of the security upon the death of the owner. |
| (2) |
"Devisee" means any person designated in a will to receive a disposition of real or personal property. |
| (3) |
"Heirs" means those persons, including the surviving spouse, who are entitled under the statutes of intestate succession to the property of a decedent. |
| (4) |
"Person" means an individual, a corporation, an organization, or other legal entity. |
| (5) |
"Personal representative" includes executor, administrator, successor personal representative, special administrator, and persons who perform substantially the same function under the law governing their status. |
| (6) |
"Property" includes both real and personal property or any interest therein and means anything that may be the subject of ownership. |
| (7) |
"Register," including its derivatives, means to issue a certificate showing the ownership of a certificated security or, in the case of an uncertificated security, to initiate or transfer an account showing ownership of securities. |
| (8) |
"Registering entity" means a person who originates or transfers a security title by registration, and includes a broker maintaining security accounts for customers and a transfer agent or other person acting for or as an issuer of securities. |
| (9) |
"Security" means a share, participation, or other interest in property, in a business, or in an obligation of an enterprise or other issuer, and includes a certificated security, an uncertificated security, and a security account. |
| (10) |
"Security account" means:
| (a) |
a reinvestment account associated with a security, a securities account with a broker, a cash balance in a brokerage account, cash, interest, earnings, or dividends earned or declared on a security in an account, a reinvestment account, or a brokerage account, whether or not credited to the account before the owner's death; or |
| (b) |
a cash balance or other property held for or due to the owner of a security as a replacement for or product of an account security, whether or not credited to the account before the owner's death. |
|
| (11) |
"State" includes any state of the United States, the District of Columbia, the Commonwealth of Puerto Rico, and any territory or possession subject to the legislative authority of the United States. |
Amended by Chapter
79, 1996 General Session
Frequently Asked Questions About Utah § 75-6-302
What does Utah Code § 75-6-302 cover?
Section 75-6-302 ("Definitions.") is part of the Utah Code, the codified statutory law of Utah. 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 Utah § 75-6-302?
A common citation format is "Utah Code § 75-6-302" (Utah). 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 Utah law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.
How does Utah § 75-6-302 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.
