Oregon Code § 78.2080·Enacted ·Last updated March 01, 2026
Statute Text
Effect
of signature of authenticating trustee, registrar or transfer agent.
(1) A person signing a security
certificate as authenticating trustee, registrar, transfer agent or the like,
warrants to a purchaser for value of the certificated security, if the
purchaser is without notice of a particular defect, that:
(a) The
certificate is genuine;
(b) The persons
own participation in the issue of the security is within the persons 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. [1961
c.726 §78.2080; 1985 c.676 §78.2080; 1995 c.328 §24]
Plain English Explanation
This Oregon statute addresses Effect
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 78.2080
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Effect
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