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California Commercial Code

§ 8209

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

Source: California Commercial Code § 8209 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.