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Current as of January 01, 2025 | Updated by Findlaw Staff
The issuer shall attach to its uncertificated bonds, written statements which provide a record of certain rights as of the time of issuance of the statements. Such statements shall be provided to each person acquiring rights by registration in uncertificated bonds and such statements shall be signed by a person whose signature is required or permitted to be placed on a certificated bond of the same class or series. The statement shall confer no rights on the recipient and it shall be neither a negotiable instrument nor a security.
The written statements attached to uncertificated bonds may be signed with a facsimile of the signature of the person required to sign such statements. If such statements are signed with a facsimile signature, the transfer agent shall sign such statements manually.
Cite this article: FindLaw.com - Kansas Statutes Chapter 10. Bonds and Warrants § 10-624. Uncertificated bonds; statement of rights; facsimile signatures - last updated January 01, 2025 | https://codes.findlaw.com/ks/chapter-10-bonds-and-warrants/ks-st-sect-10-624/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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