{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/8.8A-208.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/8.8A-208.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/8.8A-208.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/8.8A-208.html"}],"law_id":86239,"edition_id":1,"section_id":86239,"structure_id":13974,"section_number":"8.8A-208","catch_line":"Effect of signature of authenticating trustee, registrar or transfer agent","history":"1996, c. 216.","full_text":"a\n\nA 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:1\n\nthe certificate is genuine;2\n\nthe person&#8217;s own participation in the issue of the security is within the person&#8217;s capacity and within the scope of the authority received by the person from the issuer; and3\n\nthe person has reasonable grounds to believe that the certificated security is in the form and within the amount the issuer is authorized to issue.b\n\nUnless otherwise agreed, a person signing under subsection (a) does not assume responsibility for the validity of the security in other respects.","order_by":null,"text":{"0":{"id":308900,"text":"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:","type":"section","prefixes":["a"],"prefix":"a","entire_prefix":"a","prefix_anchor":"a","level":1,"next_prefix":"a1"},"1":{"id":308901,"text":"the certificate is genuine;","type":"section","prefixes":["a","1"],"prefix":"1","entire_prefix":"a1","prefix_anchor":"a1","level":2,"prior_prefix":"a","next_prefix":"a2"},"2":{"id":308902,"text":"the person&#8217;s own participation in the issue of the security is within the person&#8217;s capacity and within the scope of the authority received by the person from the issuer; and","type":"section","prefixes":["a","2"],"prefix":"2","entire_prefix":"a2","prefix_anchor":"a2","level":2,"prior_prefix":"a1","next_prefix":"a3"},"3":{"id":308903,"text":"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.","type":"section","prefixes":["a","3"],"prefix":"3","entire_prefix":"a3","prefix_anchor":"a3","level":2,"prior_prefix":"a2","next_prefix":"b"},"4":{"id":308904,"text":"Unless otherwise agreed, a person signing under subsection (a) does not assume responsibility for the validity of the security in other respects.","type":"section","prefixes":["b"],"prefix":"b","entire_prefix":"b","prefix_anchor":"b","level":1,"prior_prefix":"a3"}},"ancestry":[{"id":13974,"edition_id":1,"name":"Issue and Issuer","identifier":"2","label":"part","depth":2,"order_by":1,"parent_id":13421,"metadata":{},"date_created":"2026-06-26 03:46:28","date_modified":"2026-06-26 03:46:28","permalink":{"id":283679,"object_type":"structure","relational_id":13974,"identifier":"2","token":"8.8A\/2","url":"\/8.8A\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13421,"edition_id":1,"name":"Commercial Code \u2014 Investment Securities","identifier":"8.8A","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:52","date_modified":"2026-06-26 03:44:52","permalink":{"id":283611,"object_type":"structure","relational_id":13421,"identifier":"8.8A","token":"8.8A","url":"\/8.8A\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":78433,"structure_id":13974,"section_number":"8.8A-201","catch_line":"Issuer","url":"\/8.8A-201\/","token":"8.8A\/2\/8.8A-201","metadata":false},{"id":63843,"structure_id":13974,"section_number":"8.8A-202","catch_line":"Issuer's responsibility and defenses; notice of defect or defense","url":"\/8.8A-202\/","token":"8.8A\/2\/8.8A-202","metadata":false},{"id":58495,"structure_id":13974,"section_number":"8.8A-203","catch_line":"Staleness as notice of defect or defense","url":"\/8.8A-203\/","token":"8.8A\/2\/8.8A-203","metadata":false},{"id":64382,"structure_id":13974,"section_number":"8.8A-204","catch_line":"Effect of issuer's restriction on transfer","url":"\/8.8A-204\/","token":"8.8A\/2\/8.8A-204","metadata":false},{"id":71110,"structure_id":13974,"section_number":"8.8A-205","catch_line":"Effect of unauthorized signature on security certificate","url":"\/8.8A-205\/","token":"8.8A\/2\/8.8A-205","metadata":false},{"id":78840,"structure_id":13974,"section_number":"8.8A-206","catch_line":"Completion or alteration of security certificate","url":"\/8.8A-206\/","token":"8.8A\/2\/8.8A-206","metadata":false},{"id":55037,"structure_id":13974,"section_number":"8.8A-207","catch_line":"Rights and duties of issuer with respect to registered owners","url":"\/8.8A-207\/","token":"8.8A\/2\/8.8A-207","metadata":false},{"id":86239,"structure_id":13974,"section_number":"8.8A-208","catch_line":"Effect of signature of authenticating trustee, registrar or transfer agent","url":"\/8.8A-208\/","token":"8.8A\/2\/8.8A-208","metadata":false},{"id":73773,"structure_id":13974,"section_number":"8.8A-209","catch_line":"Issuer's lien","url":"\/8.8A-209\/","token":"8.8A\/2\/8.8A-209","metadata":false},{"id":65945,"structure_id":13974,"section_number":"8.8A-210","catch_line":"Overissue","url":"\/8.8A-210\/","token":"8.8A\/2\/8.8A-210","metadata":false}],"previous_section":{"id":55037,"structure_id":13974,"section_number":"8.8A-207","catch_line":"Rights and duties of issuer with respect to registered owners","url":"\/8.8A-207\/","token":"8.8A\/2\/8.8A-207","metadata":false},"next_section":{"id":73773,"structure_id":13974,"section_number":"8.8A-209","catch_line":"Issuer's lien","url":"\/8.8A-209\/","token":"8.8A\/2\/8.8A-209","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/8.8A-208\/","history_text":"<p>This law was first created in 1996. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?961+ful+CHAP0216\">216<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":false,"permalink":{"id":283709,"object_type":"law","relational_id":86239,"identifier":"8.8A-208","token":"8.8A\/2\/8.8A-208","url":"\/8.8A-208\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/8.8A-208\/","token":"8.8A\/2\/8.8A-208","dublin_core":{"Title":"Effect of signature of authenticating trustee, registrar or transfer agent","Type":"Text","Format":"text\/html","Identifier":"\u00a7 8.8A-208","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"a\"><p><span class=\"prefix-number\">a.<\/span> 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 id=\"paragraph-308900\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/8.8A-208\/#a\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"a1\" class=\"indent-1\"><p><span class=\"prefix-number\">1.<\/span> the certificate is genuine; <a id=\"paragraph-308901\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/8.8A-208\/#a1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"a2\" class=\"indent-1\"><p><span class=\"prefix-number\">2.<\/span> the person&#8217;s own participation in the <span class=\"dictionary\">issue<\/span> of the security is within the person&#8217;s capacity and within the scope of the authority received by the person from the issuer; and <a id=\"paragraph-308902\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/8.8A-208\/#a2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"a3\" class=\"indent-1\"><p><span class=\"prefix-number\">3.<\/span> the person has reasonable grounds to believe that the certificated security is in the form and within the amount the issuer is authorized to <span class=\"dictionary\">issue<\/span>. <a id=\"paragraph-308903\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/8.8A-208\/#a3\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"b\"><p><span class=\"prefix-number\">b.<\/span> Unless otherwise agreed, a person signing under subsection (a) does not assume responsibility for the validity of the security in other respects. <a id=\"paragraph-308904\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/8.8A-208\/#b\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nEFFECT OF SIGNATURE OF AUTHENTICATING TRUSTEE, REGISTRAR OR TRANSFER AGENT (\u00a7\n8.8A-208)\n\na. A person signing a security certificate as authenticating trustee, registrar,\ntransfer agent, or the like, warrants to a purchaser for value of the\ncertificated security, if the purchaser is without notice of a particular\ndefect, that:\n\n   1. the certificate is genuine;\n\n   2. the person&#8217;s own participation in the issue of the security is within\n   the person&#8217;s capacity and within the scope of the authority received by\n   the person from the issuer; and\n\n   3. the person has reasonable grounds to believe that the certificated security\n   is in the form and within the amount the issuer is authorized to issue.\n\nb. Unless otherwise agreed, a person signing under subsection (a) does not\nassume responsibility for the validity of the security in other respects.\n\nHISTORY: 1996, c. 216.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}