§ 8207. Rights and duties of issuer with respect to registered
owners.
(a) General rule.--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.
(b) Liability of registered owner for calls, etc., unaffected.--This division does not affect the liability of the registered owner of a security for a call, assessment or the like.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Section 8202 - Issuer's responsibility and defenses; notice of defect or defense
Section 8203 - Staleness as notice of defect or defense
Section 8204 - Effect of issuer's restriction on transfer
Section 8205 - Effect of unauthorized signature on security certificate
Section 8206 - Completion or alteration of security certificate
Section 8207 - Rights and duties of issuer with respect to registered owners
Section 8208 - Effect of signature of authenticating trustee, registrar or transfer agent