Sec. 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.
Amended by Acts 1995, 74th Leg., ch. 962, Sec. 1, eff. Sept. 1, 1995.
Structure Texas Statutes
Title 1 - Uniform Commercial Code
Chapter 8 - Investment Securities
Section 8.401. Duty of Issuer to Register Transfer
Section 8.402. Assurance That Indorsement or Instruction Is Effective
Section 8.403. Demand That Issuer Not Register Transfer
Section 8.404. Wrongful Registration
Section 8.405. Replacement of Lost, Destroyed, or Wrongfully Taken Security Certificate
Section 8.407. Authenticating Trustee, Transfer Agent, and Registrar