28-8-207. RIGHTS AND DUTIES OF ISSUER WITH RESPECT TO REGISTERED OWNERS. (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:
[28-8-207, added 1995, ch. 272, sec. 2, p. 888.]
Structure Idaho Code
Title 28 - COMMERCIAL TRANSACTIONS
Chapter 8 - INVESTMENT SECURITIES
Section 28-8-202 - ISSUER’S RESPONSIBILITY AND DEFENSES AND NOTICE OF DEFECT OR DEFENSE.
Section 28-8-203 - STALENESS AS NOTICE OF DEFECT OR DEFENSE.
Section 28-8-204 - EFFECT OF ISSUER’S RESTRICTION ON TRANSFER.
Section 28-8-205 - EFFECT OF UNAUTHORIZED SIGNATURE ON SECURITY CERTIFICATE.
Section 28-8-206 - COMPLETION OR ALTERATION OF SECURITY CERTIFICATE.
Section 28-8-207 - RIGHTS AND DUTIES OF ISSUER WITH RESPECT TO REGISTERED OWNERS.
Section 28-8-208 - EFFECT OF SIGNATURE OF AUTHENTICATING TRUSTEE, REGISTRAR OR TRANSFER AGENT.