New York Uniform Commercial Code Law Section 8-201 - Issuer.

Section 8--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 of its name  on  a  security
         certificate, other than as authenticating trustee, registrar,
         transfer   agent,   or   the   like,  to  evidence  a  share,
         participation, or other interest in its  property  or  in  an
         enterprise,  or to evidence its duty to perform an obligation
         represented by the certificate;
     (2) creates a share, participation,  or  other  interest  in  its
         property  or  in  an enterprise, or undertakes an obligation,
         that is an uncertificated security;
     (3) directly or indirectly creates a fractional interest  in  its
         rights or property, if the fractional interest is represented
         by a security certificate; or
     (4) becomes  responsible  for,  or  in  place  of, another person
         described as an issuer in this section.
(b) With respect to an obligation on  or  defense  to  a  security,  a
  guarantor is an issuer to the extent of its guaranty, whether or not its
  obligation is noted on a security certificate.
(c) With  respect  to  a  registration  of  a transfer, issuer means a
  person on whose behalf transfer books are maintained.

Last modified: February 3, 2019