A rule adopted by a clearing corporation governing rights and obligations among the clearing corporation and its participants in the clearing corporation is effective even if the rule conflicts with this Act and affects another party who does not consent to the rule.
History. Code 1981, § 11-8-111 , enacted by Ga. L. 1998, p. 1323, § 1.
Structure Georgia Code
Article 8 - Investment Securities
Part 1 - Short Title and General Matters
§ 11-8-104. Acquisition of Security or Financial Asset or Interest Therein
§ 11-8-105. Notice of Adverse Claim
§ 11-8-107. Whether Indorsement, Instruction, or Entitlement Order Is Effective
§ 11-8-108. Warranties in Direct Holding
§ 11-8-109. Warranties in Indirect Holding
§ 11-8-110. Applicability; Choice of Law
§ 11-8-111. Clearing Corporation Rules
§ 11-8-112. Creditor’s Legal Process
§ 11-8-113. Statute of Frauds Inapplicable
§ 11-8-114. Evidentiary Rules Concerning Certificated Securities
§ 11-8-115. Securities Intermediary and Others Not Liable to Adverse Claimant