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2017 South Carolina Code of Laws
Title 36 - Commercial Code
CHAPTER 8 - COMMERCIAL CODE - INVESTMENT SECURITIES
Section 36-8-407. Authenticating trustee, transfer agent, and registrar.
Universal Citation: SC Code § 36-8-407 (2017)
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.
HISTORY: 1991 Act No. 161, Section 1; 2001 Act No. 67, Section 5.
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