{"data":{"id":"us-ak/as-45.08.208","jurisdiction":"us-ak","citation":"AS 45.08.208","heading":"Effect of signature of authenticating trustee, registrar, or transfer agent.","body":"(a) 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 the particular defect, that\n(1) the certificate is genuine;\n(2) 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\n(3) the person has reasonable grounds to believe that the certificated security is in the form and within the amount the issuer is authorized to issue.\n(b) Unless otherwise agreed, a person signing under (a) of this section does not assume responsibility for the validity of the security in other respects.","path":["Title 45. Trade and Commerce.","Chapter 08. Investment Securities.","Article 2. Issue — Issuer."],"source_url":"https://www.akleg.gov/basis/statutes.asp#45.08.208","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:44Z","sha256":"d8f27627f5cd1d59243d5f7f948cc3e7ffdfbcae4b845dfe8ec2edf9c189ccda","source_id":"us-ak","stale":false,"prev":"us-ak/as-45.08.207","next":"us-ak/as-45.08.209"},"notice":"GroundRules: Original legal text. Not legal advice."}