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Section 55-8-2 - Rights and duties of corporation and transfer agent--Law governing.

55-8-2. Rights and duties of corporation and transfer agent--Law governing. The rights and duties of a corporation and its transfer agent in registering a security in the name of a fiduciary or in making a transfer of a security pursuant to an assignment by a fiduciary are governed by the law of the jurisdiction under whose laws the corporation is organized.

Source: SL 1961, ch 22, § 8 (1).

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