§8-1209. Issuer's lien
41 words·~1 min read·
/me/title-11-uniform-commercial-code/8-1209A 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. [PL 1997, c. 429, Pt. B, §2 (NEW).]