{"data":{"id":"us-mi/mich.-comp.-laws-440.8205","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 440.8205","heading":"Unauthorized signature.","body":"Sec. 8205.\n\nAn unauthorized signature placed on a security certificate before or in the course of issue is ineffective, but the signature is effective in favor of a purchaser for value of the certificated security if the purchaser is without notice of the lack of authority and the signing has been done by:\n\nAn authenticating trustee, registrar, transfer agent, or other person entrusted by the issuer with the signing of the security certificate, or of similar security certificates, or the immediate preparation for signing of any of them.\n\nAn employee of the issuer, or of any of the persons listed in subdivision (a) entrusted with responsible handling of the security certificate.","path":["MI Code","Chapter 440","Act Act-174-of-1962"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-440-8205","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"3a5ac386f8194c9c07062bd7cd5319807880dc0e62128053dca1d0c8acefc60f","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-440.8204","next":"us-mi/mich.-comp.-laws-440.8206"},"notice":"GroundRules: Original legal text. Not legal advice."}