Idaho Code 28-8-407 – Authenticating Trustee, Transfer Agent, and Registrar
Current as of: 2023 | Check for updates
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Terms Used In Idaho Code 28-8-407
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- person: includes a corporation as well as a natural person;
Idaho Code 73-114Trustee: A person or institution holding and administering property in trust.
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.