Sec. 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.
Amended 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 B. Issue and Issuer
Section 8.202. Issuer's Responsibility and Defenses; Notice of Defect or Defense
Section 8.203. Staleness as Notice of Defect or Defense
Section 8.204. Effect of Issuer's Restriction on Transfer
Section 8.205. Effect of Unauthorized Signature on Security Certificate
Section 8.206. Completion or Alteration of Security Certificate
Section 8.207. Rights and Duties of Issuer With Respect to Registered Owners
Section 8.208. Effect of Signature of Authenticating Trustee, Registrar, or Transfer Agent