A corporation or transfer agent does not incur liability to any person by making a transfer or otherwise acting in a manner authorized by this chapter.
(Aug. 30, 1964, 78 Stat. 674, Pub. L. 88-509, § 1.)
1981 Ed., § 28-2906.
1973 Ed., § 28-2906.
Uniform Law: This section is based upon § 6 of the Uniform Act for Simplification of Fiduciary Security Transfers.
Structure District of Columbia Code
Title 28 - Commercial Instruments and Transactions. [Enacted title]
Chapter 29 - Fiduciary Security Transfers
§ 28–2902. Registration in name of a fiduciary
§ 28–2903. Assignment by fiduciary
§ 28–2904. Evidence of appointment of incumbency
§ 28–2906. Nonliability of corporation and transfer agent
§ 28–2907. Nonliability of third persons