Code of Virginia - Title 8.8A Commercial Code - Investment Securities - Part 2 Issue And Issuer

  • 8.8A-201 Issuer
    (a) With respect to an obligation on or a defense to a security, an "issuer" includes a person that: (1) places or authorizes the placing ...
  • 8.8A-202 Issuer's responsibility and defenses; notice of defect or defense
    (a) Even against a purchaser for value and without notice, the terms of a certificated security include terms stated on the certificate and terms made ...
  • 8.8A-203 Staleness as notice of defect or defense
    After an act or event, other than a call that has been revoked, creating a right to immediate performance of the principal obligation represented by ...
  • 8.8A-204 Effect of issuer's restriction on transfer
    A restriction on transfer of a security imposed by the issuer, even if otherwise lawful, is ineffective against a person without knowledge of the restriction ...
  • 8.8A-205 Effect of unauthorized signature on security certificate
    An unauthorized signature placed on a security certificate before or in the course of issue is ineffective, but the signature is effective in favor of ...
  • 8.8A-206 Completion or alteration of security certificate
    (a) If a security certificate contains the signatures necessary to its issue or transfer but is incomplete in any other respect: (1) any person may ...
  • 8.8A-207 Rights and duties of issuer with respect to registered owners
    (a) Before due presentment for registration of transfer of a certificated security in registered form or of an instruction requesting registration of transfer of an ...
  • 8.8A-208 Effect of signature of authenticating trustee, registrar or transfer agent
    (a) A person signing a security certificate as authenticating trustee, registrar, transfer agent, or the like, warrants to a purchaser for value of the certificated ...
  • 8.8A-209 Issuer's lien
    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 ...
  • 8.8A-210 Overissue
    (a) In this section, "overissue" means the issue of securities in excess of the amount the issuer has corporate power to issue, but an overissue ...

Last modified: April 3, 2009