Statute · New York Uniform Commercial Code
N.Y. U.C.C. Law § 8-207 — Rights and Duties of Issuer with respect to Registered Owners
N.Y. U.C.C. Law § 8-207
- Type
- Statute
- Source
- New York Uniform Commercial Code
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
Section 8--207. Rights and Duties of Issuer with respect to Registered
Citator
N.Y. U.C.C. Law § 8-207 — Rights and Duties of Issuer with respect to Registered Owners is in force in the current edition of the Code, and nothing recorded condemns it.
Section 8--207. Rights and Duties of Issuer with respect to Registered
Owners.
(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 Article does not affect the liability of the registered owner of a security for a call, assessment, or the like.