{"data":{"id":"us-mn/minn.-stat.-336.8-208","jurisdiction":"us-mn","citation":"Minn. Stat. § 336.8-208","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":["TRADE REGULATIONS, CONSUMER PROTECTION","CHAPTER 336. UNIFORM COMMERCIAL CODE","Revised Article 8 INVESTMENT SECURITIES","Part 2 ISSUE - ISSUER"],"source_url":"https://www.revisor.mn.gov/statutes/cite/336.8-208","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:43Z","sha256":"2b35c1bd614ebfc85db0112d10dfd83e6cd18d9528bf54b32d1977dad7c1e663","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-336.8-207","next":"us-mn/minn.-stat.-336.8-209"},"notice":"GroundRules: Original legal text. Not legal advice."}
