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.
Effective: January 1, 1997

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Terms Used In Kentucky Statutes 355.8-209

  • Lien: A claim against real or personal property in satisfaction of a debt.

History: Created 1996 Ky. Acts ch. 130, sec. 138, effective January 1, 1997.