Wisconsin § 408.208 Effect of signature of authenticating trustee, registrar or transfer agent.

Wisconsin Statutes

§ 408.208 — Effect of signature of authenticating trustee, registrar or transfer agent.

Wisconsin § 408.208

Ch. 408Uniform commercial code — investment securities

Subch.subch. II of ch. 408 SUBCHAPTER II

ISSUE AND ISSUER

This text of Wisconsin § 408.208 (Effect of signature of authenticating trustee, registrar or transfer agent.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 408.208 (2026).

Text

408.208 408.208(1) (1) 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: 408.208(1)(a) (a) The certificate is genuine; 408.208(1)(b) (b) 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 408.208(1)(c) (c) The person has reasonable grounds to believe that the certificated security is in the form and within the amount that the issuer is authorized to issue. 408.208(2) (2) Unless otherwise agreed, a person signing under sub.

(1)does not assume responsibility for the validity of the securi

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408.208
408.208(1) (1) 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:
408.208(1)(a) (a) The certificate is genuine;
408.208(1)(b) (b) 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
408.208(1)(c) (c) The person has reasonable grounds to believe that the certificated security is in the form and within the amount that the issuer is authorized to issue.
408.208(2) (2) Unless otherwise agreed, a person signing under sub. (1) does not assume responsibility for the validity of the security in other respects.