Part 9 — Security Certificates, Registers and Transfers Division 1 Interpretation and Application
190 Guarantees
transfer agent or other person entrusted by the issuer with the duty
to sign the security guarantees to a good faith purchaser that
(a) the security is genuine,
(b) the person's acts in conn ection with the security are within
the person's authority, and
(c) the person has reasonable grounds for believing that the
security is in the form and within the amount the issuer is
authorized to issue.
(2) Unless agreed otherwise, a person referred to in subsection (1)
does not assume any further liability for the validity of the security.