Current through March 29, 2024
Section 554.8208 - Effect of signature of authenticating trustee, registrar, or transfer agent1. A person signing a security certificate, as authenticating trustee, registrar, transfer agent, or the like, warrants to a purchaser for value of the certificated security, if the purchaser is without notice of a particular defect, that: a. the certificate is genuine;b. the person's own participation in the issue of the security is within the person's capacity and within the scope of the authority received by the person from the issuer; andc. the person has reasonable grounds to believe that the certificated security is in the form and within the amount the issuer is authorized to issue.2. Unless otherwise agreed, a person signing under subsection 1 does not assume responsibility for the validity of the security in other respects.89 Acts, ch 113, §15; 96 Acts, ch 1138, §31, 84
C66, 71, 73, 75, 77, 79, 81, §554.8208 89 Acts, ch 113, §15; 96 Acts, ch 1138, §31, 84