Alaska Statutes.
Title 45. Trade and Commerce
Chapter 8. Investment Securities
Section 407. Authenticating Trustee, Transfer Agent, and Registrar.
previous: Section 406. Obligation to Notify Issuer of Lost, Destroyed, or Wrongfully Taken Security Certificate.
next: Section 408. Statements of Uncertificated Securities. [Repealed, Sec. 68 Ch 17 SLA 1996].

AS 45.08.407. 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.

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