Kentucky Statutes 355.8-207 – Rights and duties of issuer with respect to registered owners
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(1) 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.
(2) This article does not affect the liability of the registered owner of a security for a call, assessment, or the like.
Effective: January 1, 1997
History: Repealed and reenacted 1996 Ky. Acts ch. 130, sec. 136, effective January 1,
1997. — Amended 1986 Ky. Acts ch. 118, sec. 23, effective July 1, 1987. — Created
1958 Ky. Acts ch. 77, sec. 8-207, effective July 1, 1960.
(2) This article does not affect the liability of the registered owner of a security for a call, assessment, or the like.
Terms Used In Kentucky Statutes 355.8-207
- Owner: when applied to any animal, means any person having a property interest in such animal. See Kentucky Statutes 446.010
- Trustee: A person or institution holding and administering property in trust.
Effective: January 1, 1997
History: Repealed and reenacted 1996 Ky. Acts ch. 130, sec. 136, effective January 1,
1997. — Amended 1986 Ky. Acts ch. 118, sec. 23, effective July 1, 1987. — Created
1958 Ky. Acts ch. 77, sec. 8-207, effective July 1, 1960.