Wisconsin Code § 705.21

Definitions; transfer on death security registration
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In ss. 705.21 to 705.30:
(2) “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.
(5) “Devisee” means any person designated in a will to receive a disposition of real or personal property.
(6) “Heir” has the meaning given in s. 851.09.
(7) “Personal representative” has the meaning given in s.
851.23.
(8) “Property” has the meaning given in s. 851.27.
(9) “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.
(10) “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.
(11) “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.
(12) “Security account” means any of the following:
(a) A reinvestment account associated with a security, a securities account with a broker, a cash balance in a brokerage account, cash, cash equivalents, 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.
(am) An investment management or custody account with a
trust company or a trust division of a bank with trust powers, including the securities in the account, a cash balance in the account, and cash, cash equivalents, interest, earnings, or dividends
earned or declared on a security in the account, whether or not
credited to the account before the owner’s death.
(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.
(13) “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.

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