§ 36-8-210. (c) Except as otherwise provided in subsection (a) or in a law relating to the collection of taxes, an issuer is not lia.
56 words·~1 min read·
/sc/title-36-commercial-code/chapter-8/commercial-code-investment-securities/36-8-210-2·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 36-8-210.
(c)Except as otherwise provided in subsection
(a)or in a law relating to the collection of taxes, an issuer is not liable to an owner or other person suffering loss as a result of the registration of a transfer of a security if registration was made pursuant to an effective indorsement or instruction.