Statute · New York Uniform Commercial Code
N.Y. U.C.C. Law § 8-209 — Issuer's Lien
N.Y. U.C.C. Law § 8-209
- Type
- Statute
- Source
- New York Uniform Commercial Code
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
Section 8--209. Issuer's Lien.
Citator
N.Y. U.C.C. Law § 8-209 — Issuer's Lien is in force in the current edition of the Code, and nothing recorded condemns it.
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.