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
article and affects another party who does not consent to the rule.
Structure New York Laws
Article 8 - Investment Securities
Part 1 - Short Title and General Matters
8-104 - Acquistion of Security or Financial Assest or Interest Therein.
8-105 - Notice of Adverse Claim.
8-107 - Whether Indorsement, Instruction, or Entitlement Order Is Effective.
8-108 - Warranties in Direct Holding.
8-109 - Warranties in Indirect Holding.
8-110 - Applicability; Choice of Law.
8-111 - Clearing Corporation Rules.
8-112 - Creditor's Legal Process.
8-113 - Statute of Frauds Generally Inapplicable.
8-114 - Evidentiary Rules Concerning Certificated Securitites.
8-115 - Securities Intermediary and Others Not Liable to Adverse Claimant.