Rhode Island General Laws 18-11-7. Non-liability of corporation and transfer agent

Current as of: 2024 | Check for updates | Other versions

A corporation or transfer agent incurs no liability to any person by making a transfer or otherwise acting in a manner authorized by this chapter.

History of Section.
P.L. 1959, ch. 85, § 7.

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Person: includes an individual, a corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, two (2) or more persons having a joint or common interest, or any other legal or commercial entity. See Rhode Island General Laws 18-11-2
Transfer: means a change on the books of a corporation in the registered ownership of a security. See Rhode Island General Laws 18-11-2