North Dakota § 41-08-51 (8-511) Priority among security interests and entitlement holders

North Dakota Statutes

§ 41-08-51 — (8-511) Priority among security interests and entitlement holders

North Dakota § 41-08-51

Title 41Uniform Commercial Code

Ch. 41-08Investment Securities

This text of North Dakota § 41-08-51 ((8-511) Priority among security interests and entitlement holders) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 41-08-51 (2026).

Text

q."Uncertificated security" means a security that is not represented by a certificate.

2.The following definitions in this chapter and other chapters apply to this chapter:

a."Appropriate person". Section 41-08-07.

b."Control". Section 41-08-06.

c."Controllable account". Section 41-09-02.

d."Controllable electronic record". Section 41-12-02.

e."Controllable payment intangible". Section 41-09-02.

f."Delivery". Section 41-08-24.

g."Investment company security". Section 41-08-03.

h."Issuer". Section 41-08-17.

i."Overissue". Section 41-08-26.

j."Protected purchaser". Section 41-08-29.

k."Securities account". Section 41-08-41.

3.In addition, chapter 41-01 contains general definitions and principles of construction and interpretation applicable throughout this chapter.

4.The chara

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q. "Uncertificated security" means a security that is not represented by a certificate.
2. The following definitions in this chapter and other chapters apply to this chapter:
a. "Appropriate person". Section 41-08-07.
b. "Control". Section 41-08-06.
c. "Controllable account". Section 41-09-02.
d. "Controllable electronic record". Section 41-12-02.
e. "Controllable payment intangible". Section 41-09-02.
f. "Delivery". Section 41-08-24.
g. "Investment company security". Section 41-08-03.
h. "Issuer". Section 41-08-17.
i. "Overissue". Section 41-08-26.
j. "Protected purchaser". Section 41-08-29.
k. "Securities account". Section 41-08-41.
3. In addition, chapter 41-01 contains general definitions and principles of construction
and interpretation applicable throughout this chapter.
4. The characterization of a person, business, or transaction for purposes of this chapter
does not determine the characterization of the person, business, or transaction for
purposes of any other law, regulation, or rule.