Florida Statute 678.2081 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS

Chapter 678
UNIFORM COMMERCIAL CODE: INVESTMENT SECURITIES

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F.S. 678.2081

678.2081 Effect of signature of authenticating trustee, registrar, or transfer agent.—

(1) A person signing a security certificate as authenticating trustee, registrar, transfer agent, or the like, warrants to a purchaser for value of the certificated security, if the purchaser is without notice of a particular defect, that:

(a) The certificate is genuine.

(b) The person’s own participation in the issue of the security is within the person’s capacity and within the scope of the authority received by the person from the issuer.

(c) The person has reasonable grounds to believe that the certificated security is in the form and within the amount the issuer is authorized to issue.

(2) Unless otherwise agreed, a person signing under subsection (1) does not assume responsibility for the validity of the security in other respects.

History.—s. 2, ch. 98-11.

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Amendments to 678.2081

Arrestable Offenses / Crimes under Fla. Stat. 678.2081

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 678.2081.

Annotations, Discussions, Cases:

Cases Citing Statute 678.2081

Total Results: 1

Mario A. Rodriguez and Lendy Rodriguez v. Wells Fargo Bank, N.A. d/b/a America's Servicing Company

Court: District Court of Appeal of Florida | Date Filed: 2015-10-14

Citation: 178 So. 3d 62, 2015 Fla. App. LEXIS 15239

Snippet: 2011, Fla. Stat. (2010) (emphasis added). Section 678.2081, Florida Statutes, deals with' “transfer” of a