408.209 Issuer’s lien.
36 words·~1 min read·
/wi/chapter-408/408-209-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
408.209 Issuer’s lien. 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.