- § 11-8-501 - Securities Account; Acquisition of Security Entitlement From Securities Intermediary
(a) "Securities account" means an account to which a financial asset is or may be credited in accordance with an agreement under which the...
- § 11-8-502 - Assertion of Adverse Claim Against Entitlement Holder
An action based on an adverse claim to a financial asset, whether framed in conversion, replevin, constructive trust, equitable lien, or other theory, may...
- § 11-8-503 - Property Interest of Entitlement Holder in Financial Asset Held by Securities Intermediary
(a) To the extent necessary for a securities intermediary to satisfy all security entitlements with respect to a particular financial asset, all interests in...
- § 11-8-504 - Duty of Securities Intermediary to Maintain Financial Asset
(a) A securities intermediary shall promptly obtain and thereafter maintain a financial asset in a quantity corresponding to the aggregate of all security entitlements...
- § 11-8-505 - Duty of Securities Intermediary With Respect to Payments and Distributions
(a) A securities intermediary shall take action to obtain a payment or distribution made by the issuer of a financial asset. A securities intermediary...
- § 11-8-506 - Duty of Securities Intermediary to Exercise Rights As Directed by Entitlement Holder
A securities intermediary shall exercise rights with respect to a financial asset if directed to do so by an entitlement holder. A securities intermediary...
- § 11-8-507 - Duty of Securities Intermediary to Comply With Entitlement Order
(a) A securities intermediary shall comply with an entitlement order if the entitlement order is originated by the appropriate person, the securities intermediary has...
- § 11-8-508 - Duty of Securities Intermediary to Change Entitlement Holder's Position to Other Form of Security Holding
A securities intermediary shall act at the direction of an entitlement holder to change a security entitlement into another available form of holding for...
- § 11-8-509 - Specification of Duties of Securities Intermediary by Other Statute or Regulation; Manner of Performance of Duties of Securities Intermediary and Exercise of Rights of Entitlement Holder
(a) If the substance of a duty imposed upon a securities intermediary by Code Sections 11-8-504 through 11-8-508 is the subject of other statute,...
- § 11-8-510 - Rights of Purchaser of Security Entitlement From Entitlement Holder
(a) In a case not covered by the priority rules in Article 9 of this title or the rules stated in subsection (c) of...
- § 11-8-511 - Priority Among Security Interests and Entitlement Holders
(a) Except as otherwise provided in subsections (b) and (c) of this Code section, if a securities intermediary does not have sufficient interests in...
Last modified: October 14, 2016