{"data":{"id":"us-mi/mich.-comp.-laws-440.8208","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 440.8208","heading":"Warranty of person signing security certificate.","body":"Sec. 8208.\n\nA 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\nThe certificate is genuine.\n\nThe 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.\n\nThe 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\nUnless otherwise agreed, a person signing under subsection (1) does not assume responsibility for the validity of the security in other respects.","path":["MI Code","Chapter 440","Act Act-174-of-1962"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-440-8208","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"be37d9b59f091a3a6c08b6a8911a02e4bb696f7697cea26c3be43b16add68b93","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-440.8207","next":"us-mi/mich.-comp.-laws-440.8210"},"notice":"GroundRules: Original legal text. Not legal advice."}
