(810 ILCS 5/8-407)
(from Ch. 26, par. 8-407)
Authenticating trustee, transfer agent, and registrar.
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.
(Source: P.A. 89-364, eff. 1-1-96.)