LegalFix
Sign In

408.407 Authenticating trustee, transfer agent and registrar.

WI Stat § 408.407 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

408.407 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: 1997 a. 297.

Previous Section
408.406 Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate.
Next Section
408.501 Securities account; acquisition of security entitlement from securities intermediary.