Skip to main content
THIS SITE
PREVIOUS SECTION Go back to sections Go back to the chapter Go back to the N.J. Statutes homepage NEXT SECTION


New Jersey Statutes, Title: 12A, COMMERCIAL TRANSACTIONS

    Chapter 8:

      Section: 12A: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 chapter does not affect the liability of the registered owner of a security for a call, assessment, or the like.

L.1997,c.252,s.1.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 12a:8-207 (if available):



Court decisions that cite this statute: CLICK HERE.