Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
Section 36-8-101. Short title. - This chapter may be cited as Uniform Commercial Code-Investment Securities....
Section 36-8-102. Definitions. - (a) In this chapter: (1) "Adverse claim" means a claim...
Section 36-8-103. Rules for determining whether certain obligations and interests are securities or financial assets. - (a) A share or similar equity interest issued by a...
Section 36-8-104. Acquisition of security or financial asset or interest therein. - (a) A person acquires a security or an interest therein,...
Section 36-8-105. Notice of adverse claim. - (a) A person has notice of an adverse claim if:...
Section 36-8-106. Control. - (a) A purchaser has "control" of a certificated security in...
Section 36-8-107. Whether indorsement, instruction, or entitlement order is effective. - (a) "Appropriate person" means: (1) with respect to an indorsement,...
Section 36-8-108. Warranties in direct holding. - (a) A person who transfers a certificated security to a...
Section 36-8-109. Warranties in indirect holding. - (a) A person who originates an entitlement order to a...
Section 36-8-110. Applicability; choice of law. - (a) The local law of the issuer's jurisdiction, as specified...
Section 36-8-111. Clearing corporation rules. - A rule adopted by a clearing corporation governing rights and...
Section 36-8-112. Creditor's legal process. - (a) The interest of a debtor in a certificated security...
Section 36-8-113. Statute of frauds inapplicable. - A contract or modification of a contract for the sale...
Section 36-8-114. Evidentiary rules concerning certificated securities. - The following rules apply in an action on a certificated...
Section 36-8-115. Securities intermediary and others not liable to adverse claimant. - A securities intermediary that has transferred a financial asset pursuant...
Section 36-8-116. Securities intermediary as purchaser for value. - A securities intermediary that receives a financial asset and establishes...
Section 36-8-201. Issuer. - (a) With respect to an obligation on or a defense...
Section 36-8-202. Issuer's responsibility and defenses; notice of defect or defense. - (a) Even against a purchaser for value and without notice,...
Section 36-8-203. Staleness as notice of defect or defense. - After an act or event, other than a call that...
Section 36-8-204. Effect of issuer's restriction on transfer. - A restriction on transfer of a security imposed by the...
Section 36-8-205. Effect of unauthorized signature on security certificate. - An unauthorized signature placed on a security certificate before or...
Section 36-8-206. Completion or alteration of security certificate. - (a) If a security certificate contains the signatures necessary to...
Section 36-8-207. Rights and duties of issuer with respect to registered owners. - (a) Before due presentment for registration of transfer of a...
Section 36-8-208. Effect of signature of authenticating trustee, registrar, or transfer agent. - (a) A person signing a security certificate as authenticating trustee,...
Section 36-8-209. Issuer's lien. - A lien in favor of an issuer upon a certificated...
Section 36-8-210. Overissue. - (a) In this section, "overissue" means the issue of securities...
Section 36-8-301. Delivery. - (a) Delivery of a certificated security to a purchaser occurs...
Section 36-8-302. Rights of purchaser. - (a) Except as otherwise provided in subsections (b) and (c),...
Section 36-8-303. Protected purchaser. - (a) "Protected purchaser" means a purchaser of a certificated or...
Section 36-8-304. Indorsement. - (a) An indorsement may be in blank or special. An...
Section 36-8-305. Instruction. - (a) If an instruction has been originated by an appropriate...
Section 36-8-306. Effect of guaranteeing signature, indorsement, or instruction. - (a) A person who guarantees a signature of an indorser...
Section 36-8-307. Registration of transfer of security; proof of authority to transfer. - (A) Unless otherwise agreed, the transferor of a security on...
Section 36-8-401. Duty of issuer to register transfer. - (a) If a certificated security in registered form is presented...
Section 36-8-402. Assurance that indorsement or instruction is effective. - (a) An issuer may require the following assurance that each...
Section 36-8-403. Demand that issuer not register transfer. - (a) A person who is an appropriate person to make...
Section 36-8-404. Wrongful registration. - (a) Except as otherwise provided in Section 36-8-406, an issuer...
Section 36-8-405. Replacement of lost, destroyed, or wrongfully taken security certificate. - (a) If an owner of a certificated security, whether in...
Section 36-8-406. Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate. - If a security certificate has been lost, apparently destroyed, or...
Section 36-8-407. Authenticating trustee, transfer agent, and registrar. - A person acting as authenticating trustee, transfer agent, registrar, or...
Section 36-8-501. Securities account; acquisition of security entitlement from securities intermediary. - (a) "Securities account" means an account to which a financial...
Section 36-8-502. Assertion of adverse claim against entitlement holder. - An action based on an adverse claim to a financial...
Section 36-8-503. Property interest of entitlement holder in financial asset held by securities intermediary. - (a) To the extent necessary for a securities intermediary to...
Section 36-8-504. Duty of securities intermediary to maintain financial asset. - (a) A securities intermediary shall promptly obtain and thereafter maintain...
Section 36-8-505. Duty of securities intermediary with respect to payments and distributions. - (a) A securities intermediary shall take action to obtain a...
Section 36-8-506. Duty of securities intermediary to exercise rights as directed by entitlement holder. - A securities intermediary shall exercise rights with respect to a...
Section 36-8-507. Duty of securities intermediary to comply with entitlement order. - (a) A securities intermediary shall comply with an entitlement order...
Section 36-8-508. Duty of securities intermediary to change entitlement holder's position to other form of security holding. - A securities intermediary shall act at the direction of an...
Section 36-8-509. Specification of duties of securities intermediary by other statute or regulation; manner of performance of duties of securities intermediary and exercise of rights of entitlement holder. - (a) If the substance of a duty imposed upon a...
Section 36-8-510. Rights of purchaser of security entitlement from entitlement holder. - (a) In a case not covered by the priority rules...
Section 36-8-511. Priority among security interests and entitlement holders. - (a) Except as otherwise provided in subsections (b) and (c),...