Nonliability of corporation and transfer agent. A corporation or transfer agent does not incur liability to any person by making a transfer or otherwise acting in a manner authorized by this chapter. (Aug. 30, 1964, 78 Stat. 674, Pub. L. 88-509, § 1.) Prior Codifications 1981 Ed., § 28-2906. 1973 Ed., § 28-2906. Editor's Notes Uniform Law: This section is based upon § 6 of the Uniform Act for Simplification of Fiduciary Security Transfers.
District of Columbia Legal Code