# 12 Del. C. § 3309: §  3309. Identification of securities > Delaware · Statutes · In force URL: https://www.frixlaw.com/law-library/statutes/STATE_DE_T12_C33_S3309 ## Section - **Citation:** 12 Del. C. § 3309 - **Heading:** §  3309. Identification of securities - **Jurisdiction:** Delaware - **Kind:** Statutes - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** Delaware Code / Title 12 / Chapter 33 / Section 3309 ## Text (a) Except as otherwise provided by the terms of the governing instrument, all securities in a fiduciary estate, whether held by the fiduciary or an agent for the fiduciary, shall be held in such manner that the fiduciary’s name and the fiduciary capacity in which the securities are held are fully disclosed, except as provided hereafter in this section or in § 3311 of this title. (b) A bank or trust company acting as fiduciary or as agent for a fiduciary or nonfiduciary may hold securities in the name of its nominee without disclosing the capacity in which they are held, provided the records maintained with respect to those securities disclose the capacity in which they are held and provided there is no written objection from either a cofiduciary or the person for whom it is acting as agent. ## Nearby sections - [12 Del. C. § 3301 §  3301. Application of chapter; definitions [For application of this section, see 79 Del. Laws, c. 172,  6].](https://www.frixlaw.com/law-library/statutes/STATE_DE_T12_C33_S3301.md) - [12 Del. C. § 3302 §  3302. Degree of care; authorized investments [For application of this section, see 79 Del. Laws, c. 172,  6].](https://www.frixlaw.com/law-library/statutes/STATE_DE_T12_C33_S3302.md) - [12 Del. C. § 3303 §  3303. Effect of provisions of instrument [For application of this section, see 79 Del. Laws, c. 172, Â 6].](https://www.frixlaw.com/law-library/statutes/STATE_DE_T12_C33_S3303.md) - [12 Del. C. § 3304 §  3304. Retention by fiduciary of decedent’s or settlor’s investments.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T12_C33_S3304.md) - [12 Del. C. § 3305 §  3305. Retention by bank or trust company acting as a fiduciary of its own stock.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T12_C33_S3305.md) - [12 Del. C. § 3306 §  3306. Deviation from terms of instrument.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T12_C33_S3306.md) - [12 Del. C. § 3307 §  3307. Common fund investments by bank or trust company; regulations.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T12_C33_S3307.md) - [12 Del. C. § 3308 §  3308. Power of bank or trust company acting as a fiduciary to purchase property held by its commercial or banking department.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T12_C33_S3308.md) - [12 Del. C. § 3309 §  3309. Identification of securities.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T12_C33_S3309.md) - [12 Del. C. § 3310 §  3310. Storage of securities.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T12_C33_S3310.md) - [12 Del. C. § 3311 §  3311. Deposit of securities in clearing corporation.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T12_C33_S3311.md) - [12 Del. C. § 3312 §  3312. Investments in affiliated investments; transactions with affiliates [For application of this section, see 80 Del. Laws, c. 153,  5].](https://www.frixlaw.com/law-library/statutes/STATE_DE_T12_C33_S3312.md) - [12 Del. C. § 3313 §  3313. Advisers [For application of this section, see 80 Del. Laws, c. 153,  5].](https://www.frixlaw.com/law-library/statutes/STATE_DE_T12_C33_S3313.md) - [12 Del. C. § 3313A §  3313A. Excluded cotrustee.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T12_C33_S3313A.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_DE_T12_C33_S3309. Check the current official text before relying on it. Not legal advice.