{"data":{"id":"us-al/ala.-code-7-8-208","jurisdiction":"us-al","citation":"Ala. Code § 7-8-208","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 a 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 subsection (a) does not assume responsibility for the validity of the security in other respects.","path":["Title 7 Commercial Code.","Article 8 Investment Securities.","Part 2 Issue and Issuer."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=7-8-208","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"0a0f84517eec133c44390a6b687deb6b0646ec4cb7f79e4c36e5635c2e827527","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-7-8-207","next":"us-al/ala.-code-7-8-209"},"notice":"GroundRules: Original legal text. Not legal advice."}