California Commercial Code

§ 8209

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

COM § 8209 Effective Jan 1, 1997Div. 8 · Ch. 2

Statute text

View on leginfo.ca.gov

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.

Legislative history

Added by Stats. 1996, Ch. 497, Sec. 9. Effective January 1, 1997.