There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Article 8 Investment Securities
355.8.208 Effect of signature of authenticating trustee, registrar, or transfer agent.
Download pdfpurchaser is without notice of a particular defect, that:
(a) The certificate is genuine;
(b) 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 (c) 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. (2) Unless otherwise agreed, a person signing under subsection (1) of this section does not assume responsibility for the validity of the security in other respects. Effective: January 1, 1997
History: Repealed and reenacted 1996 Ky. Acts ch. 130, sec. 137, effective January 1, 1997. -- Amended 1986 Ky. Acts ch. 118, sec. 24, effective July 1, 1987. -- Amended
1964 Ky. Acts ch. 130, sec. 17, effective July 1, 1964. -- Created 1958 Ky. Acts
ch. 77, sec. 8-208, effective July 1, 1960.
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