Alabama Statutes

§ 7-8-209 — Issuer’s Lien

Alabama·Title 7 Commercial Code·Art. 8 Investment Securities·Part 2 Issue and Issuer
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.

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Legislative History

(Acts 1996, No. 96-742, p. 1241, §1.)

Nearby Sections

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