West Virginia § 31A-6-4 Limitations on liability in transfers and changes of registration

West Virginia Statutes

§ 31A-6-4 — Limitations on liability in transfers and changes of registration

West Virginia § 31A-6-4

Ch. 31ABANKS AND BANKING

Art. 6NOMINEE REGISTRATION OF FIDUCIARY SECURITIES

This text of West Virginia § 31A-6-4 (Limitations on liability in transfers and changes of registration) 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 § 31A-6-4 (2026).

Text

No liability for any loss caused by the acts of the nominee of a trust institution may attach to any transfer agent, registrar, corporation, officer or agent of a corporation, or other person, who, in compliance with the directions of any trust institution acting under the provisions of this article, transfers or changes the registration of any property. The certification of the trust institution that it has complied with the provisions of this article is prima facie evidence of its compliance so far as any transfer agent, registrar, corporation, officer or agent of a corporation, or other person, is concerned.

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No liability for any loss caused by the acts of the nominee of a trust institution may attach to any transfer agent, registrar, corporation, officer or agent of a corporation, or other person, who, in compliance with the directions of any trust institution acting under the provisions of this article, transfers or changes the registration of any property. The certification of the trust institution that it has complied with the provisions of this article is prima facie evidence of its compliance so far as any transfer agent, registrar, corporation, officer or agent of a corporation, or other person, is concerned.