Alabama § 7-8-407 Authenticating Trustee, Transfer Agent, and Registrar

Alabama Statutes

§ 7-8-407 — Authenticating Trustee, Transfer Agent, and Registrar

Alabama § 7-8-407

Title 7Commercial Code

Art. 8Investment Securities

Part 4Registration

This text of Alabama § 7-8-407 (Authenticating Trustee, Transfer Agent, and Registrar) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 7-8-407 (2026).

Text

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.

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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.