554.8209 Issuer’s lien.
39 words·~1 min read·
/ia/chapter-554-uniform-commercial-code/554-8209A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A lien in favor of an issuer upon 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.
96 Acts, ch 1138, §32, 84