17-4910.   Rights and duties of corporation and transfer agents inregistering or transferring securities.(a) The rights and duties of a corporation and its transfer agents inregistering a security in the name of a fiduciary or in making a transferof a security pursuant to an assignment by a fiduciary are governed by thelaw of the jurisdiction under whose laws the corporation is organized.

      (b)   This act applies to the rights and duties of a person other than thecorporation and its transfer agents with regard to acts and omissions inthis state in connection with the acquisition, disposition, assignment, ortransfer of a security by or to a fiduciary and of a person who guaranteesin this state the signature of a fiduciary in connection with such atransaction.

      History:   L. 1961, ch. 123, § 8; July 1.