§12A-8-208.

§12A-8-208.
   
   Effect of Signature of Authenticating Trustee, Registrar, or Transfer
   Agent.
   
   (a) 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:
   
   (1) the certificate is genuine;
   
   (2) the person's own participation in the issue of the security is
   within the person's capacity and within the scope of the authority
   received by the person from the issuer; and
   
   (3) 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.
   
   (b) Unless otherwise agreed, a person signing under subsection (a) of
   this section does not assume responsibility for the validity of the
   security in other respects.