§12A-8-205.

§12A-8-205.
   
   Effect of Unauthorized Signature on Security Certificate.
   
   An unauthorized signature placed on a security certificate before or
   in the course of issue is ineffective, but the signature is effective
   in favor of a purchaser for value of the certificated security if the
   purchaser is without notice of the lack of authority and the signing
   has been done by:
   
   (1) an authenticating trustee, registrar, transfer agent, or other
   person entrusted by the issuer with the signing of the security
   certificate or of similar security certificates, or the immediate
   preparation for signing of any of them; or
   
   (2) an employee of the issuer, or of any of the persons listed in
   paragraph (1) of this subsection, entrusted with responsible handling
   of the security certificate.