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Georgia State Code
Title      11
Chapter       8  
Section Navigation   101 ... 110       111 ... 204   
     205 ... 304       305 ... 407   
   501 ... 510       511 ... 603     
Section<<< 205 206 207 208 209 210 301 302 303 304 >>>  
Title 11, Chapter 8, Section 205 (11-8-205)
Effect of unauthorized signature on security certificate.

An unauthorized signature placed on a security certificate before or in the course of issue is ineffective, but the signature is effective in favor of a purchaser for value of the certificated security if the purchaser is without notice of the lack of authority and the signing has been done by:

(1) An authenticating trustee, registrar, transfer agent, or other person entrusted by the issuer with the signing of the security certificate or of similar security certificates, or the immediate preparation for signing of any of them; or

(2) An employee of the issuer, or of any of the persons listed in paragraph (1) of this Code section, entrusted with responsible handling of the security certificate.

Friday July 25 07:35 CDT


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