§ 6A-8-207. Rights and duties of issuer with respect to registered owners.
(a) 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) This chapter does not affect the liability of the registered owner of a security for a call, assessment, or the like.
History of Section.P.L. 2000, ch. 182, § 5; P.L. 2000, ch. 420, § 5.
Structure Rhode Island General Laws
Title 6A - Uniform Commercial Code
Chapter 6A-8 - Investment Securities
Section 6A-8-202. - Issuer’s responsibility and defenses — Notice of defect or defense.
Section 6A-8-203. - Staleness as notice of defect or defense.
Section 6A-8-204. - Effect of issuer’s restriction on transfer.
Section 6A-8-205. - Effect of unauthorized signature on security certificate.
Section 6A-8-206. - Completion of alteration of security certificate.
Section 6A-8-207. - Rights and duties of issuer with respect to registered owners.
Section 6A-8-208. - Effect of signature of authenticating trustee, registrar, or transfer agent.