Rhode Island § 18-10-4 § 18-10-4. Corporation or transfer agent relieved of liability on transfer of stock.

Rhode Island Statutes

§ 18-10-4 — § 18-10-4. Corporation or transfer agent relieved of liability on transfer of stock.

Rhode Island § 18-10-4

Title 18Fiduciaries

Ch. 18-10Registration of Securities in Name of Nominee

This text of Rhode Island § 18-10-4 (§ 18-10-4. Corporation or transfer agent relieved of liability on transfer of stock.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 18-10-4 (2026).

Text

§ 18-10-4. Corporation or transfer agent relieved of liability on transfer of stock.
In case any stock, shares, bonds, debentures, notes, or other securities are registered
            in the name of a nominee or nominees in accordance with the provisions of this chapter,
            the corporation, joint stock company, business trust, or association which has issued
            any securities, and the transfer agent or agents and the registrar or registrars thereof,
            shall be fully relieved from liability for any loss occasioned by the acts of any
            fiduciary or of any depositary under § 18-10-2, or of the nominee or nominees with respect to securities registered in the name
            of the nom

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§ 18-10-4. Corporation or transfer agent relieved of liability on transfer of stock.

In case any stock, shares, bonds, debentures, notes, or other securities are registered in the name of a nominee or nominees in accordance with the provisions of this chapter, the corporation, joint stock company, business trust, or association which has issued any securities, and the transfer agent or agents and the registrar or registrars thereof, shall be fully relieved from liability for any loss occasioned by the acts of any fiduciary or of any depositary under § 18-10-2, or of the nominee or nominees with respect to securities registered in the name of the nominee or nominees.