Title 11, Chapter 8, Section 407
( 11-8-407)
Authenticating trustee, transfer agent, and registrar. A person acting as authenticating trustee, transfer agent,
registrar, or other agent for an issuer in the registration of a
transfer of its securities, in the issue of new security
certificates or uncertificated securities, or in the cancellation of
surrendered security certificates has the same obligation to the
holder or owner of a certificated or uncertificated security with
regard to the particular functions performed as the issuer has in
regard to those functions. |