§ 8-107. Conditions under which indorsement, instruction, or entitlement order is effective
West's Annotated Code of MarylandCommercial Law
MD Code, Commercial Law, § 8-107
§ 8-107. Conditions under which indorsement, instruction, or entitlement order is effective
(d) If a security is registered in the name of or specially indorsed to a person described as a representative, or if a securities account is maintained in the name of a person described as a representative, an indorsement, instruction, or entitlement order made by the person is effective even though the person is no longer serving in the described capacity.
Credits
Added by Acts 1996, c. 92, § 2, eff. Oct. 1, 1996.
MD Code, Commercial Law, § 8-107, MD COML § 8-107
Current through legislation effective through April 25, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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