Print

Article 8

INVESTMENT SECURITIES

Sections

PART 1
SHORT TITLE AND GENERAL MATTERS
HTMLPDF 62A.8-101Short title.
HTMLPDF 62A.8-102Definitions.
HTMLPDF 62A.8-103Rules for determining whether certain obligations and interests are securities or financial assets.
HTMLPDF 62A.8-104Acquisition of security or financial asset or interest therein.
HTMLPDF 62A.8-105Notice of adverse claim.
HTMLPDF 62A.8-106Control.
HTMLPDF 62A.8-107Whether indorsement, instruction, or entitlement is effective.
HTMLPDF 62A.8-108Warranties in direct holding.
HTMLPDF 62A.8-109Warranties in indirect holding.
HTMLPDF 62A.8-110Applicability; choice of law.
HTMLPDF 62A.8-111Clearing corporation rules.
HTMLPDF 62A.8-112Creditor's legal process.
HTMLPDF 62A.8-113Statute of frauds inapplicable.
HTMLPDF 62A.8-114Evidentiary rules concerning certificated securities.
HTMLPDF 62A.8-115Securities intermediary and others not liable to adverse claimant.
HTMLPDF 62A.8-116Securities intermediary as purchaser for value.
PART 2
ISSUE AND ISSUER
HTMLPDF 62A.8-201Issuer.
HTMLPDF 62A.8-202Issuer's responsibility and defenses; notice of defect or defense.
HTMLPDF 62A.8-203Staleness as notice of defect or defense.
HTMLPDF 62A.8-204Effect of issuer's restrictions on transfer.
HTMLPDF 62A.8-205Effect of unauthorized signature on security certificate.
HTMLPDF 62A.8-206Completion or alteration of security certificate.
HTMLPDF 62A.8-207Rights and duties of issuer with respect to registered owners.
HTMLPDF 62A.8-208Effect of signature of authenticating trustee, registrar, or transfer agent.
HTMLPDF 62A.8-209Issuer's lien.
HTMLPDF 62A.8-210Overissue.
PART 3
TRANSFER OF CERTIFICATED AND
UNCERTIFICATED SECURITIES
HTMLPDF 62A.8-301Delivery.
HTMLPDF 62A.8-302Rights of purchaser.
HTMLPDF 62A.8-303Protected purchaser.
HTMLPDF 62A.8-304Indorsement.
HTMLPDF 62A.8-305Instruction.
HTMLPDF 62A.8-306Effect of guaranteeing signature, indorsement, or instruction.
HTMLPDF 62A.8-307Purchaser's right to requisites for registration of transfer.
PART 4
REGISTRATION
HTMLPDF 62A.8-401Duty of issuer to register transfer.
HTMLPDF 62A.8-402Assurance that indorsement or instruction is effective.
HTMLPDF 62A.8-403Demand that issuer not register transfer.
HTMLPDF 62A.8-404Wrongful registration.
HTMLPDF 62A.8-405Replacement of lost, destroyed, or wrongfully taken security certificate.
HTMLPDF 62A.8-406Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate.
HTMLPDF 62A.8-407Authenticating trustee, transfer agent, and registrar.
PART 5
SECURITY ENTITLEMENTS
HTMLPDF 62A.8-501Securities account; acquisition of security entitlement from securities intermediary.
HTMLPDF 62A.8-502Assertion of adverse claim against entitlement holder.
HTMLPDF 62A.8-503Property interest of entitlement holder in financial asset held by securities intermediary.
HTMLPDF 62A.8-504Duty of securities intermediary to maintain financial asset.
HTMLPDF 62A.8-505Duty of securities intermediary with respect to payments and distributions.
HTMLPDF 62A.8-506Duty of securities intermediary to exercise rights as directed by entitlement holder.
HTMLPDF 62A.8-507Duty of securities intermediary to comply with entitlement order.
HTMLPDF 62A.8-508Duty of securities intermediary to change entitlement holder's position to other form of security holding.
HTMLPDF 62A.8-509Specification 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.
HTMLPDF 62A.8-510Rights of purchaser of security entitlement from entitlement holder.
HTMLPDF 62A.8-511Priority among security interests and entitlement holders.
PART 6
TRANSITION PROVISIONS FOR REVISED ARTICLE 8 AND
CONFORMING AMENDMENTS TO ARTICLES 1, 5, 9, AND 10
HTMLPDF 62A.8-601Savings clause.