Illinois Statutes
§ 8-208
Illinois § 8-208
JurisdictionIllinois
TopicBUSINESS AND EMPLOYMENT
Ch. 810COMMERCIAL CODE
Act 810 ILCS 5/Uniform Commercial Code.
Art.Article 8 - Investment Securities
This text of Illinois § 8-208 is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
810 Ill. Comp. Stat. 8-208 (2026).
Text
Effect of signature of authenticating trustee, registrar, or transfer agent.
(a)A person signing a security certificate as authenticating trustee, registrar, transfer agent, or the like, warrants to a purchaser for value of the certificated security, if the purchaser is without notice of a particular defect, that:
(1)the certificate is genuine;
(2)the person's own participation in the issue of the security is within the person's capacity and within the scope of the authority received by the person from the issuer; and (3) the person has reasonable grounds to believe that the certificated security is in the form and within the amount the issuer is authorized to issue.
(b)Unless otherwise agreed, a person signing under subsection (a) does not assume responsibility for the validity of the
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Legislative History
(Source: P.A. 89-364, eff. 1-1-96.)
Nearby Sections
15
§ 8-101
Short title§ 8-102
Definitions§ 8-103
§ 8-103§ 8-104
§ 8-104§ 8-105
Notice of adverse claim§ 8-106
Control§ 8-107
§ 8-107§ 8-108
Warranties in direct holding§ 8-110
Applicability; choice of law§ 8-111
Clearing corporation rules§ 8-112
Creditor's legal process§ 8-115
§ 8-115Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 8-208, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/810/8-208.