Delaware Code Title 12 Sec. 3925 – Transfer by guardian of corporate securities
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Upon the transfer by a guardian of a person with a disability of the stocks, bonds or other securities of any corporation, the certificate of the Register in Chancery in which such guardian was appointed, or other proper public official, shall be sufficient authority to the officers of such corporation to transfer or reissue such stocks, bonds or other securities to such person as such guardian may in writing direct.
20 Del. Laws, c. 115, § ?5; Code 1915, § ?3098; Code 1935, § ?3588; 12 Del. C. 1953, § ?3926; 57 Del. Laws, c. 402, § ?5; 69 Del. Laws, c. 109, § ?2; 78 Del. Laws, c. 179, § ?104;
Terms Used In Delaware Code Title 12 Sec. 3925
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Guardian: is a "guardian of the person" as that term is used in this title. See Delaware Code Title 12 Sec. 39A-101