Sec. 8.209. ISSUER'S LIEN. A lien in favor of an issuer on a certificated security is valid against a purchaser only if the right of the issuer to the lien is noted conspicuously on the security certificate.
Added by Acts 1995, 74th Leg., ch. 962, Sec. 1, eff. Sept. 1, 1996.
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