New Jersey § 14:18-4

§ 14:18-4.

A corporation or transfer agent making a transfer pursuant to an assignment by a fiduciary

who is not the registered owner shall obtain the following evidence of appointment

or incumbency: (a) In the case of a fiduciary appointed or qualified by a court, a certificate issued

by or under the direction or supervision of that court or an officer thereof and dated

within 60 days before the transfer; or (b) In any other case, a copy of a document showing the appointment or a certificate

issued by or on behalf of a person reasonably believed by the corporation or transfer

agent to be responsible or, in the absence of such a document or certificate, other

evidence reasonably deemed by the corporation or transfer agent to be appropriate. Corporations and transfer agents may adopt standards with respect to evidence of

appointment or incumbency under this subsection (b) provided such standards are not

manifestly unreasonable. Neither the corporation nor transfer agent is charged with notice of the contents

of any document obtained pursuant to this subsection (b) except to the extent that

the contents relate directly to the appointment or incumbency.