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.
Source: L. 96: Entire article R&RE, p. 227, § 2, effective July 1.
Editor's note: This section is similar to former § 4-8-406 as it existed prior to 1996.
Definitional Cross References:
"Certificated security". Section 8-102(a)(4)
"Issuer". Section 8-201
"Security". Section 8-102(a)(15)
"Security certificate". Section 8-102(a)(16)
"Uncertificated security". Section 8-102(a)(18)
Structure Colorado Code
Title 4 - Uniform Commercial Code
Article 8 - Investment Securities
§ 4-8-401. Duty of Issuer to Register Transfer
§ 4-8-402. Assurance That Indorsement or Instruction Is Effective
§ 4-8-403. Demand That Issuer Not Register Transfer
§ 4-8-404. Wrongful Registration
§ 4-8-405. Replacement of Lost, Destroyed, or Wrongfully Taken Security Certificate
§ 4-8-406. Obligation to Notify Issuer of Lost, Destroyed, or Wrongfully Taken Security Certificate
§ 4-8-407. Authenticating Trustee, Transfer Agent, and Registrar