(1) Before due presentment for registration of transfer of a certificated security in registered form or of an instruction requesting registration of transfer of an uncertificated security, the issuer or indenture trustee may treat the registered owner as the person exclusively entitled to vote, receive notifications, and otherwise exercise all the rights and powers of an owner.
(2) This chapter does not affect the liability of the registered owner of a security for a call, assessment, or the like.
History.—s. 2, ch. 98-11.
Structure Florida Statutes
Title XXXIX - Commercial Relations
Chapter 678 - Uniform Commercial Code: Investment Securities
Part II - Issue and Issuer (Ss. 678.2011-678.2101)
678.2021 - Issuer’s responsibility and defenses; notice of defect or defense.
678.2031 - Staleness as notice of defect or defense.
678.2041 - Effect of issuer’s restriction on transfer.
678.2051 - Effect of unauthorized signature on security certificate.
678.2061 - Completion or alteration of security certificate.
678.2071 - Rights and duties of issuer with respect to registered owners.
678.2081 - Effect of signature of authenticating trustee, registrar, or transfer agent.