South Dakota Statutes
§ 55-8-14 — Liability of guarantor of signature of fiduciary.
South Dakota·Title 55 FIDUCIARIES AND TRUSTS·Ch. 55-8 REGISTRATION AND TRANSFER OF SECURITIES HELD BY FIDUCIARIES
If a corporation or transfer agent makes a transfer pursuant to an assignment by a fiduciary, a person who guaranteed the signature of the fiduciary is not liable on the guarantee to any person to whom the corporation or transfer agent by reason of this chapter incurs no liability.
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South Dakota § 55-8-14 (Liability of guarantor of signature of fiduciary.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1961, ch 22, § 7 (2).
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