Alaska Statutes 45.08.205 – Effect of unauthorized signature on security certificate
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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
Terms Used In Alaska Statutes 45.08.205
- person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
- Trustee: A person or institution holding and administering property in trust.