California Commercial Code CHAPTER 3 - Transfer of Certificated and Uncertificated Securities

  • Section 8301.
    (a) Delivery of a certificated security to a purchaser occurs when any of the following occur:(1) The purchaser acquires possession of the security certificate.(2) Another person, other than...
  • Section 8302.
    (a) Except as otherwise provided in subdivisions (b) and (c), a purchaser of a certificated or uncertificated security acquires all rights in the security that the...
  • Section 8303.
    (a) “Protected purchaser” means a purchaser of a certificated or uncertificated security, or of an interest therein, who does all of the following:(1) Gives value.(2) Does not have...
  • Section 8304.
    (a) An endorsement may be in blank or special. An endorsement in blank includes an endorsement to bearer. A special endorsement specifies to whom a security...
  • Section 8305.
    (a) If an instruction has been originated by an appropriate person but is incomplete in any other respect, any person may complete it as authorized and...
  • Section 8306.
    (a) A person who guarantees a signature of an endorser of a security certificate warrants that at the time of signing all of the following were...
  • Section 8307.
    Unless otherwise agreed, the transferor of a security on due demand shall supply the purchaser with proof of authority to transfer or with any other...

Last modified: October 22, 2018