2006 New York Code - Authenticating Trustee, Transfer Agent, And Registrar.

 
  Section 8--407. Authenticating Trustee, Transfer Agent, and Registrar.
    A  person acting as authenticating trustee, transfer agent, registrar,
  or other agent for an issuer in the registration of a  transfer  of  its
  securities,  in the issue of new security certificates or uncertificated
  securities, or in the cancellation of surrendered security  certificates
  has  the  same  obligation  to  the holder or owner of a certificated or
  uncertificated  security  with  regard  to  the   particular   functions
  performed as the issuer has in regard to those functions.