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.
524.6-303 REGISTRATION IN BENEFICIARY FORM; APPLICABLE LAW.
A security may be registered in beneficiary form if the form is authorized by this or a similar
statute of the state of organization of the issuer or registering entity, the location of the registering
entity's principal office, the office of its transfer agent or its office making the registration, or
by this or a similar statute of the law of the state listed as the owner's address at the time of
registration. A registration governed by the law of a jurisdiction in which this or similar legislation
is not in force or was not in force when a registration in beneficiary form was made is nevertheless
presumed to be valid and authorized as a matter of contract law.
History: 1992 c 461 art 2 s 3
A security may be registered in beneficiary form if the form is authorized by this or a similar
statute of the state of organization of the issuer or registering entity, the location of the registering
entity's principal office, the office of its transfer agent or its office making the registration, or
by this or a similar statute of the law of the state listed as the owner's address at the time of
registration. A registration governed by the law of a jurisdiction in which this or similar legislation
is not in force or was not in force when a registration in beneficiary form was made is nevertheless
presumed to be valid and authorized as a matter of contract law.
History: 1992 c 461 art 2 s 3
Official Publication of the State of Minnesota
Revisor of Statutes