West Virginia Statutes

§ 31-4D-2 — Registration in name of fiduciary

West Virginia § 31-4D-2
JurisdictionWest Virginia
Ch. 31CORPORATIONS
Art. 4DUNIFORM ACT FOR SIMPLIFICATION OF FIDUCIARY SECURITY TRANSFERS

This text of West Virginia § 31-4D-2 (Registration in name of fiduciary) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
W. Va. Code § 31-4D-2 (2026).

Text

A corporation or transfer agent registering a security in the name of a person who is a fiduciary or who is described as a fiduciary is not bound to inquire into the existence, extent, or correct description of the fiduciary relationship, and thereafter the corporation and its transfer agent may assume without inquiry that the newly registered owner continues to be the fiduciary until the corporation or transfer agent receives written notice that the fiduciary is no longer acting as such with respect to the particular security.

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Legislative History

1961 Reg. Sess., HB274

Nearby Sections

15
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Bluebook (online)
West Virginia § 31-4D-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/31/31-4D-2.