§ 18-11-7. Non-liability of corporation and transfer agent.
A corporation or transfer agent incurs no liability to any person by making a transfer or otherwise acting in a manner authorized by this chapter.
History of Section.P.L. 1959, ch. 85, § 7.
Structure Rhode Island General Laws
Chapter 18-11 - Simplification of Fiduciary Security Transfers
Section 18-11-1. - Short title.
Section 18-11-2. - Definitions.
Section 18-11-3. - Registration in the name of a fiduciary.
Section 18-11-4. - Assignment by a fiduciary.
Section 18-11-5. - Evidence of appointment or incumbency.
Section 18-11-6. - Adverse claims.
Section 18-11-7. - Non-liability of corporation and transfer agent.
Section 18-11-8. - Non-liability of third persons.
Section 18-11-9. - Territorial applicability.