30-8-417. 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: En. Sec. 60, Ch. 536, L. 1997.
Structure Montana Code Annotated
Chapter 8. Uniform Commercial Code Investment Securities
30-8-409. and 30-8-410 reserved
30-8-411. Duty of issuer to register transfer
30-8-412. Assurance that indorsement or instruction is effective
30-8-413. Demand that issuer not register transfer
30-8-414. Wrongful registration
30-8-415. Replacement of lost, destroyed, or wrongfully taken security certificate
30-8-416. Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate
30-8-417. Authenticating trustee, transfer agent, and registrar