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.
D.C. Code § 28:8-407
Authenticating trustee, transfer agent, and registrar
Known as the Uniform Commercial Code
The act spans §§ 28–28 (639 sections).
Dec. 30, 1963, 77 Stat. 744, Pub
Official source: D.C. Law Library (Council of the District of Columbia). Reproduced from public-domain District of Columbia statutes; confirm against the official source for the current text. Not legal advice.