§ 34.1-8-112 — Creditor's legal process

Wyoming § 34.1-8-112

• Jurisdiction: Wyoming
• Title 34.1: Uniform Commercial Code
• Art. 8: INVESTMENT SECURITIES

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(a) The interest of a debtor in a certificated security
may be reached by a creditor only by actual seizure of the
security certificate by the officer making the attachment or
levy, except as otherwise provided in subsection (d) of this
section. However, a certificated security for which the
certificate has been surrendered to the issuer may be reached by
a creditor by legal process upon the issuer.
(b) The interest of a debtor in an uncertificated security
may be reached by a creditor only by legal process upon the
issuer at its chief executive office in the United States,
except as otherwise provided in subsection (d) of this section.
(c) The interest of a debtor in a security entitlement may
be reached by a creditor only by legal process upon the
securities intermediary with whom the debtor's securities
account is maintained, except as otherwise provided in
subsection (d) of this section.
(d) The interest of a debtor in a certificated security
for which the certificate is in the possession of a secured
party, or in an uncertificated security registered in the name
of a secured party, or a security entitlement maintained in the
name of a secured party, may be reached by a creditor by legal
process upon the secured party.
(e) A creditor whose debtor is the owner of a certificated
security, uncertificated security, or security entitlement is
entitled to aid from a court of competent jurisdiction, by
injunction or otherwise, in reaching the certificated security,
uncertificated security, or security entitlement or in
satisfying the claim by means allowed at law or in equity in
regard to property that cannot readily be reached by other legal
process.