CHAPTER 57A-8
INVESTMENT SECURITIES
PART 1. SHORT TITLE AND GENERAL MATTERS.
57A-8-101
Short title.
57A-8-102
Definitions.
57A-8-103
Rules for determining whether certain obligations and interests are
securities or financial assets.
57A-8-104
Acquisition of security or financial asset or interest therein.
57A-8-105
Notice of adverse claim.
57A-8-106
Control.
57A-8-107
Whether endorsement, instruction, or entitlement order is effective.
57A-8-108
Warranties in direct holding.
57A-8-109
Warranties in indirect holding.
57A-8-110
Applicability--Choice of law.
57A-8-111
Clearing corporation rules.
57A-8-112
Creditor's legal process.
57A-8-113
Statute of frauds inapplicable.
57A-8-114
Evidentiary rules concerning certificated securities.
57A-8-115
Securities intermediary and others not liable to adverse claimant.
57A-8-116
Securities intermediary as purchaser for value.
PART 2. ISSUE AND ISSUER.
57A-8-201
Issuer.
57A-8-202
Issuer's responsibility and defenses; notice of defect or defense.
57A-8-203
Staleness as notice of defect or defense.
57A-8-204
Effect of issuer's restriction on transfer.
57A-8-205
Effect of unauthorized signature on security certificate.
57A-8-206
Completion or alteration of security certificate.
57A-8-207
Rights and duties of issuer with respect to registered owners.
57A-8-208
Effect of signature of authenticating trustee, registrar, or transfer agent.
57A-8-209
Issuer's lien.
57A-8-210
Overissue.
PART 3. TRANSFER OF CERTIFICATED AND UNCERTIFICATED SECURITIES.
57A-8-301
Delivery.
57A-8-302
Rights of purchaser.
57A-8-303
Protected purchaser.
57A-8-304
Indorsement.
57A-8-305
Instruction.
57A-8-306
Effect of guaranteeing signature, indorsement, or instruction.
57A-8-307
Purchaser's right to requisites for registration of transfer.
57A-8-308 to 57A-8-321. Repealed.
PART 4. REGISTRATION.
57A-8-401
Duty of issuer to register transfer.
57A-8-402
Assurance that indorsement or instruction is effective.
57A-8-403
Demand that issuer not register transfer.
57A-8-404
Wrongful registration.
57A-8-405
Replacement of lost, destroyed, or wrongfully taken security certificate.
57A-8-406
Obligation to notify issuer of lost, destroyed, or wrongfully taken security
certificate.
57A-8-407
Authenticating trustee, transfer agent, and registrar.
57A-8-408
Repealed.
PART 5. SECURITY ENTITLEMENTS.
57A-8-501
Securities account; acquisition of security entitlement from securities
intermediary.
57A-8-502
Assertion of adverse claim against entitlement holder.
57A-8-503
Property interest of entitlement holder in financial asset held by securities
intermediary.
57A-8-504
Duty of securities intermediary to maintain financial asset.
57A-8-505
Duty of securities intermediary with respect to payments and distributions.
57A-8-506
Duty of securities intermediary to exercise rights as directed by entitlement
holder.
57A-8-507
Duty of securities intermediary to comply with entitlement order.
57A-8-508
Duty of securities intermediary to change entitlement holder's position to
other form of security holding.
57A-8-509
Specification of duties of securities intermediary by other statute or
regulation; Manner of performance of duties of securities intermediary and
exercise of rights of entitlement holder.
57A-8-510
Rights of purchaser of security entitlement from entitlement holder.
57A-8-511
Priority among security interests and entitlement holders.
PART 6. TRANSITION PROVISIONS FOR REVISED ARTICLE 8 AND CONFORMING
AMENDMENTS TO ARTICLES 1, 3, 4, 5, 9, AND 10.
57A-8-601, 57A-8-602.
Reserved.
57A-8-603
Savings clause.