New York Uniform Commercial Code Law Section 8-207 - Rights and Duties of Issuer With Respect to Registered Owners.

Section 8--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 uncertificated security, the issuer or
  indenture  trustee  may  treat  the  registered  owner  as  the   person
  exclusively  entitled  to  vote,  receive  notifications,  and otherwise
  exercise all the rights and powers of an owner.
(b) This Article does not affect the liability of the registered owner
  of a security for a call, assessment, or the like.

Last modified: February 3, 2019