CHAPTER 2. Issue and Issuer [8201. - 8210.]
Chapter 2 added by Stats. 1996, Ch. 497, Sec. 9.
§§ 8201–8210 · 10 sections
- § 8201 (a) With respect to an obligation on or a defense to a security, an “issuer” includes a person that does any of the following: (1) Places or authorizes the…
- § 8202 (a) Even against a purchaser for value and without notice, the terms of a certificated security include terms stated on the certificate and terms made part of…
- § 8203 After an act or event, other than a call that has been revoked, creating a right to immediate performance of the principal obligation represented by a…
- § 8204 A restriction on transfer of a security imposed by the issuer, even if otherwise lawful, is ineffective against a person without knowledge of the restriction…
- § 8205 An unauthorized signature placed on a security certificate before or in the course of issue is ineffective, but the signature is effective in favor of a…
- § 8206 (a) If a security certificate contains the signatures necessary to its issue or transfer but is incomplete in any other respect, the following apply: (1) Any…
- § 8207 (a) Before due presentment for registration of transfer of a certificated security in registered form or of an instruction requesting registration of transfer…
- § 8208 (a) A person signing a security certificate as authenticating trustee, registrar, transfer agent, or the like, warrants all of the following to a purchaser for…
- § 8209 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…
- § 8210 (a) In this section, “overissue” means the issue of securities in excess of the amount the issuer has corporate power to issue, but an overissue does not occur…