N.Y. U.C.C. Law § 8-209

Current through 2024 NY Law Chapters 1-59 and 61-121
Section 8-209 - 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 or, in a case of a cooperative interest, is set forth in the cooperative record.

N.Y. U.c.c. Law § 8-209