Okla. Stat. tit. 12A, § 12A-8-208
This is the official text of Okla. Stat. tit. 12A, § 12A-8-208, part of Oklahoma’s Stat. tit. 12A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12A,." Browse the sections below, each linked to its official government source.
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Effect of Signature of Authenticating Trustee,
Official statutory text
Registrar, or Transfer Agent.
Effect of Signature of Authenticating Trustee, Registrar, or
Transfer Agent.
(a) 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:
(1) the certificate is genuine;
(2) the person's own participation in the issue of the
security is within the person's capacity and within
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 439
the scope of the authority received by the person from
the issuer; and
(3) 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.
(b) Unless otherwise agreed, a person signing under subsection
(a) of this section does not assume responsibility for the validity
of the security in other respects.
Effect of Signature of Authenticating Trustee, Registrar, or
Transfer Agent.
(a) 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:
(1) the certificate is genuine;
(2) the person's own participation in the issue of the
security is within the person's capacity and within
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 439
the scope of the authority received by the person from
the issuer; and
(3) 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.
(b) Unless otherwise agreed, a person signing under subsection
(a) of this section does not assume responsibility for the validity
of the security in other respects.
Status: in_force · Read it on the official government site
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