{"data":{"id":"us-il/810-ilcs-5-8-208","jurisdiction":"us-il","citation":"810 ILCS 5/8-208","heading":"","body":"Effect of signature of authenticating trustee, registrar, or transfer agent.\n(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":["CHAPTER 810 COMMERCIAL CODE","Uniform Commercial Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2301\u0026ChapterID=66\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:47Z","sha256":"93b220a08e82e5f4fbf10aba053efd7f744d3f3c0a9bd60b9a6ab3d80f4d9704","source_id":"us-il","stale":false,"prev":"us-il/810-ilcs-5-8-207","next":"us-il/810-ilcs-5-8-209"},"notice":"GroundRules: Original legal text. Not legal advice."}