Sec. 8.111. CLEARING CORPORATION RULES. 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 chapter and affects another party who does not consent to the rule.
Added by Acts 1995, 74th Leg., ch. 962, Sec. 1, eff. Sept. 1, 1995.
Structure Texas Statutes
Title 1 - Uniform Commercial Code
Chapter 8 - Investment Securities
Subchapter A. Short Title and General Matters
Section 8.104. Acquisition of Security or Financial Asset or Interest Therein
Section 8.105. Notice of Adverse Claim
Section 8.107. Whether Indorsement, Instruction, or Entitlement Order Is Effective
Section 8.108. Warranties in Direct Holding
Section 8.109. Warranties in Indirect Holding
Section 8.110. Applicability; Choice of Law
Section 8.111. Clearing Corporation Rules
Section 8.112. Creditor's Legal Process
Section 8.113. Statute of Frauds Inapplicable
Section 8.114. Evidentiary Rules Concerning Certificated Securities
Section 8.115. Securities Intermediary and Others Not Liable to Adverse Claimant
Section 8.116. Securities Intermediary as Purchaser for Value