Corporation and transfer agent not liable for breach of fiduciary duty or on guarantee of fiduciary's signature.

  1. Law
  2. South Dakota Codified Laws
  3. Fiduciaries and Trusts
  4. Registration And Transfer Of Securities Held By Fiduciaries
  5. Corporation and transfer agent not liable for breach of fiduciary duty or on guarantee of fiduciary's signature.

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55-8-15. Corporation and transfer agent not liable for breach of fiduciary duty or on guarantee of fiduciary's signature.

Sections 55-8-13 and 55-8-14 do not impose any liability upon the corporation or its transfer agent.

Source: SL 1961, ch 22, §7 (3).


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