8-209 - Issuer's Lien.

NY UCC § 8-209 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

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.