West Virginia Statutes

§ 31-4D-8 — Law governing registering or transferring securities; application of article

West Virginia·Ch. 31 CORPORATIONS·Art. 4D UNIFORM ACT FOR SIMPLIFICATION OF FIDUCIARY SECURITY TRANSFERS
(a)The rights and duties of a corporation and its transfer agents in registering a security in the name of a fiduciary or in making a transfer of a security pursuant to an assignment by a fiduciary are governed by the law of the jurisdiction under whose laws the corporation is organized.
(b)This article applies to the rights and duties of a person other than the corporation and its transfer agents with regard to acts and omissions in this state in connection with the acquisition, disposition, assignment or transfer of a security by or to a fiduciary and of a person who guarantees in this state the signature of a fiduciary in connection with such a transaction.

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Legislative History

1961 Reg. Sess., HB274

Nearby Sections

15
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