Sec. 3-59d. Delivery of duplicate certificate to Treasurer. Holder relieved of liability to others upon such delivery.
Sec. 3-59d. Delivery of duplicate certificate to Treasurer. Holder relieved of
liability to others upon such delivery. Upon delivery of a duplicate certificate, the
holder and any transfer agent, registrar or other person acting for or on behalf of a holder
in executing or delivering the duplicate certificate shall be relieved of all liability of
every kind in accordance with the provisions of subsection (c) of section 3-67a to every
person, including any person acquiring the original certificate or the duplicate of the
certificate issued to the transferee, for any losses or damages resulting to any person by
the issuance and delivery to the Treasurer of the duplicate certificate.
(1971, P.A. 831, S. 3; P.A. 84-456, S. 6, 12.)
History: P.A. 84-456 amended provisions concerning liability of the holder when a duplicate certificate is issued to the
treasurer, with a specific reference to relief from such liability in accordance with Sec. 3-67a.