Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
520.28 TERRITORIAL APPLICATION.
(a) The rights and duties of a corporation and its transfer agents in registering a security in the
name of a fiduciary or in making a transfer of a security pursuant to an assignment by a fiduciary
are governed by the law of the jurisdiction under whose laws the corporation is organized.
(b) Sections 520.21 to 520.31 apply to the rights and duties of a person other than the
corporation and its transfer agents with regard to acts and omissions in this state in connection
with the acquisition, disposition, assignment, or transfer of a security by or to a fiduciary and
of a person who guarantees in this state the signature of a fiduciary in connection with such a
transaction.
History: 1961 c 462 s 8
(a) The rights and duties of a corporation and its transfer agents in registering a security in the
name of a fiduciary or in making a transfer of a security pursuant to an assignment by a fiduciary
are governed by the law of the jurisdiction under whose laws the corporation is organized.
(b) Sections 520.21 to 520.31 apply to the rights and duties of a person other than the
corporation and its transfer agents with regard to acts and omissions in this state in connection
with the acquisition, disposition, assignment, or transfer of a security by or to a fiduciary and
of a person who guarantees in this state the signature of a fiduciary in connection with such a
transaction.
History: 1961 c 462 s 8
Official Publication of the State of Minnesota
Revisor of Statutes