TMI BlogAssignee and NomineeX X X X Extracts X X X X X X X X Extracts X X X X ..... efenses which may be asserted against assignor by account debtor. Assignee in fact is one to whom an assignment has been made in fact by the party having the right. The assignee in law is one in whom the law vests the right; as an executor or administrator. The expression "assignment" has also been defined as under; The act of transferring to another all or part of one's ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... itutional investors to avoid onerous requirements of establishing the right of registration by a fiduciary. One designated to act for another as his representative in a rather limited sense; e.g., stock held by brokerage firm in street name to facilitate transactions even though customer is actual owner of securities. It issued sometimes to signify an agent or trustee. It has no connotation, how ..... X X X X Extracts X X X X X X X X Extracts X X X X
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