Statutes > New Mexico Statutes > Chapter 46 - Fiduciaries and Trusts. > Article 8 - Simplification of Fiduciary Security Transfers, 46-8-1 through 46-8-10. > Section 46-8-7 - Non-liability of corporation and transfer agent.

Section 46-8-7 - Non-liability of corporation and transfer agent.

46-8-7. Non-liability of corporation and transfer agent.

A corporation or transfer agent incurs no liability to any person by making a transfer or otherwise acting in a manner authorized by the Uniform Act for Simplification of Fiduciary Security Transfers [46-8-1 to 46-8-10 NMSA 1978].