{"data":{"id":"us-ny/n.y.-uniform-commercial-code-law-8-208","jurisdiction":"us-ny","citation":"N.Y. Uniform Commercial Code Law § 8-208","heading":"Effect of Signature of Authenticating Trustee, Registrar, or Transfer Agent","body":"Section 8--208. Effect of Signature of Authenticating Trustee,\n                  Registrar, or Transfer Agent.\n  (a) A person signing a security certificate as authenticating trustee,\nregistrar, transfer agent, or the like, warrants to a purchaser for\nvalue of the certificated security, if the purchaser is without notice\nof a particular defect, that:\n       (1) the certificate is genuine;\n       (2) the person's own participation in the issue of the security\n           is within the person's capacity and within the scope of the\n           authority received by the person from the issuer; and\n       (3) the person has reasonable grounds to believe that the\n           certificated security is in the form and within the amount\n           the issuer is authorized to issue.\n  (b) Unless otherwise agreed, a person signing under subsection (a)\ndoes not assume responsibility for the validity of the security in other\nrespects.","path":["Uniform Commercial Code Law","Article 8. Investment Securities","Part 2. Issue and Issuer"],"source_url":"https://legislation.nysenate.gov/api/3/laws/UCC/8-208","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"36d57204360c8468ce33ec12e376cfdfb7832108c28cb18c09f2a582c8cc50ce","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-uniform-commercial-code-law-8-207","next":"us-ny/n.y.-uniform-commercial-code-law-8-209"},"notice":"GroundRules: Original legal text. Not legal advice."}