Utah Code 22-5-7. Nonliability of corporation or transfer agent
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Terms Used In Utah Code 22-5-7
- Person: includes an individual, a corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, two or more persons having a joint or common interest, or any other legal or commercial entity. See Utah Code 22-5-2
- Transfer: means a change on the books of a corporation in the registered ownership of a security. See Utah Code 22-5-2
A corporation or transfer agent incurs no liability to any person by making a transfer or otherwise acting in a manner authorized by this act.
Enacted by Chapter 46, 1961 General Session