"Adverse claim." A claim that a claimant has a property interest in a financial asset and that it is a violation of the rights of the claimant for another person to hold, transfer or deal with the financial asset.
"Bearer form." As applied to a certificated security, a form in which the security is payable to the bearer of the security certificate according to its terms but not by reason of an indorsement.
"Broker." A person defined as a broker or dealer under the Federal securities laws, but without excluding a bank acting in that capacity.
"Certificated security." A security that is represented by a certificate.
"Clearing corporation." "Clearing corporation" means:
"Communicate." "Communicate" means to:
"Entitlement holder." A person identified in the records of a securities intermediary as the person having a security entitlement against the securities intermediary. If a person acquires a security entitlement by virtue of section 8501(b)(2) or (3) (relating to securities account; acquisition of security entitlement from securities intermediary), that person is the entitlement holder.
"Entitlement order." A notification communicated to a securities intermediary directing transfer or redemption of a financial asset to which the entitlement holder has a security entitlement.
"Financial asset." Except as otherwise provided in section 8103 (relating to rules for determining whether certain obligations and interests are securities or financial assets):
"Indorsement." A signature that alone or accompanied by other words is made on a security certificate in registered form or on a separate document for the purpose of assigning, transferring or redeeming the security or granting a power to assign, transfer or redeem it.
"Instruction." A notification communicated to the issuer of an uncertificated security which directs that the transfer of the security be registered or that the security be redeemed.
"Registered form." As applied to a certificated security, a form in which:
"Securities intermediary." "Securities intermediary" means:
"Security." Except as otherwise provided in section 8103 (relating to rules for determining whether certain obligations and interests are securities or financial assets), an obligation of an issuer or a share, participation or other interest in an issuer or in property or an enterprise of an issuer:
"Security certificate." A certificate representing a security.
"Security entitlement." The rights and property interest of an entitlement holder with respect to a financial asset specified in Chapter 85 (relating to security entitlements).
"Uncertificated security." A security that is not represented by a certificate.
"Appropriate person." Section 8107.
"Appropriate person."Section 8107.
"Control."Section 8106.
"Controllable account." Section 9102.
"Controllable electronic record." Section 12102.
"Controllable payment intangible." Section 9102.
"Delivery."Section 8301.
"Investment company security."Section 8103.
"Issuer."Section 8201.
"Overissue."Section 8210.
"Protected purchaser."Section 8303.
"Securities account."Section 8501.
13 Pa.C.S. § 8102