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California Commercial Code

§ 8207

COM § 8207 Effective Jan 1, 1997Div. 8 · Ch. 2

Statute text

View on leginfo.ca.gov
(a)Before due presentment for registration of transfer of a certificated security in registered form or of an instruction requesting registration of transfer of an uncertificated security, the issuer or indenture trustee may treat the registered owner as the person exclusively entitled to vote, receive notifications, and otherwise exercise all the rights and powers of an owner.
(b)This division does not affect the liability of the registered owner of a security for a call, assessment, or the like.

Legislative history

Repealed and added by Stats. 1996, Ch. 497, Sec. 9. Effective January 1, 1997.

Source: California Commercial Code § 8207 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.