Indiana Statutes
§ 26-1-8.1-208 — Warranties by security certificate authenticating signatory
Indiana § 26-1-8.1-208
This text of Indiana § 26-1-8.1-208 (Warranties by security certificate authenticating signatory) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 26-1-8.1-208 (2026).
Text
(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 security in other
respects.
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Legislative History
As added by P.L.247-1995, SEC.10.
Nearby Sections
15
§ 26-1-1-0.3
Certain security interests considered perfected§ 26-1-1-0.5
Status of certain security interests; conditions; lapsing of perfection;
filing of financing statements§ 26-1-1-101
Short title; application§ 26-1-1-104
Construction against implicit repeal§ 26-1-1-105
Repealed§ 26-1-1-106
Remedies to be liberally administered§ 26-1-1-108
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Bluebook (online)
Indiana § 26-1-8.1-208, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/26-1-8.1-208.