28-8-209. ISSUER’S LIEN. A lien in favor of an issuer upon a certificated security is valid against a purchaser only if the right of the issuer to the lien is noted conspicuously on the security certificate.
History:
[28-8-209, 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.