28-8-407. 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.
History:
[28-8-407, added 1995, ch. 272, sec. 2, p. 895.]
Structure Idaho Code
Title 28 - COMMERCIAL TRANSACTIONS
Chapter 8 - INVESTMENT SECURITIES
Section 28-8-401 - DUTY OF ISSUER TO REGISTER TRANSFER.
Section 28-8-402 - ASSURANCE THAT INDORSEMENT OR INSTRUCTION IS EFFECTIVE.
Section 28-8-403 - DEMAND THAT ISSUER NOT REGISTER TRANSFER.
Section 28-8-404 - WRONGFUL REGISTRATION.
Section 28-8-405 - REPLACEMENT OF LOST, DESTROYED, OR WRONGFULLY TAKEN SECURITY CERTIFICATE.
Section 28-8-407 - AUTHENTICATING TRUSTEE, TRANSFER AGENT, AND REGISTRAR.