New York Statutes
§ 8-205 — Effect of Unauthorized Signature on Security Certificate
New York § 8-205
This text of New York § 8-205 (Effect of Unauthorized Signature on Security Certificate) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.Y. Uniform Commercial Code § 8-205 (2026).
Text
Section 8--205. Effect of Unauthorized Signature on Security\n Certificate.\n An unauthorized signature placed on a security certificate before or\nin the course of issue is ineffective, but the signature is effective in\nfavor of a purchaser for value of the certificated security if the\npurchaser is without notice of the lack of authority and the signing has\nbeen done by:\n (1) an authenticating trustee, registrar, transfer agent, or other\nperson entrusted by the issuer with the signing of the security\ncertificate or of similar security certificates, or the immediate\npreparation for signing of any of them; or\n (2) an employee of the issuer, or of any of the persons listed in\nsubsection (1), entrusted with responsible handling of the security\ncertificate.\n
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Nearby Sections
15
§ 8-101
Short Title§ 8-102
Definitions§ 8-103
Rules for Determining Whether Certain Obligations and Interests are Securities or Financial Assets§ 8-105
Notice of Adverse Claim§ 8-106
Control§ 8-108
Warranties in Direct Holding§ 8-110
Applicability; Choice of Law§ 8-111
Clearing Corporation Rules§ 8-112
Creditor's Legal ProcessCite This Page — Counsel Stack
Bluebook (online)
New York § 8-205, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/UCC/8-205.