                                 CODE OF VIRGINIA

AUTHENTICATING TRUSTEE, TRANSFER AGENT, AND REGISTRAR (§ 8.8A-407)

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.

HISTORY: 1996, c. 216.