Section 45.08.207. Rights and duties of issuer with respect to registered owners and registered pledgees.

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   (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, to receive notifications, and otherwise to exercise all the rights and powers of an owner.
   (b)   [Repealed, Sec. 68 ch 17 SLA 1996]. 
   (c)   [Repealed, Sec. 68 ch 17 SLA 1996]. 
   (d)   [Repealed, Sec. 68 ch 17 SLA 1996]. 
   (e)   [Repealed, Sec. 68 ch 17 SLA 1996]. 
   (f)   [Repealed, Sec. 68 ch 17 SLA 1996]. 
   (g) This chapter does not affect the liability of the registered owner of a security for calls, assessments, or the like.

Notes

History

(Sec. 8.207 ch 114 SLA 1962; am Sec. 19 ch 49 SLA 1990; am Sec. 25, 26, 68 ch 17 SLA 1996)

                    
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