(a) 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:(1) The certificate is genuine;(2) 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; and(3) 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.(b) Unless otherwise agreed, a person signing under subsection (a) of this section does not assume responsibility for the validity of the security in other respects.
West Virginia Legal Code