South Dakota Codified Laws 57A-8-209. Issuer’s lien
Current as of: 2023 | Check for updates
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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.
Terms Used In South Dakota Codified Laws 57A-8-209
- Lien: A claim against real or personal property in satisfaction of a debt.
Source: SL 1998, ch 284, § 1.