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Code · Wisconsin · Chapter 408 — Uniform commercial code — investment securities

408.402 Assurance that endorsement or instruction is effective.

51 words·~1 min read·/wi/chapter-408/408-402

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408.402 Assurance that endorsement or instruction is effective.
(1)In this section:
(a)“Guaranty of the signature” means a guaranty signed by or on behalf of a person reasonably believed by the issuer to be responsible. An issuer may adopt standards with respect to responsibility if they are not manifestly unreasonable.
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