New York Uniform Commercial Code Law Part 3 - TRANSFER OF CERTIFICATED AND UNCERTIFICATED SECURITIES

  • 8-301 - Delivery.
    Section 8--301. Delivery. (a) Delivery of a certificated security to a purchaser occurs when: (1) the purchaser acquires possession of the security certificate; (2) another...
  • 8-302 - Rights of Purchaser.
    Section 8--302. Rights of Purchaser. (a) Except as otherwise provided in subsections (b) and (c), a purchaser of a certificated or uncertificated security acquires all...
  • 8-303 - Protected Purchaser.
    Section 8--303. Protected Purchaser. (a) "Protected purchaser" means a purchaser of a certificated or uncertificated security, or of an interest therein, who: (1) gives value;...
  • 8-304 - Indorsement.
    Section 8--304. Indorsement. (a) An indorsement may be in blank or special. An indorsement in blank includes an indorsement to bearer. A special indorsement specifies...
  • 8-305 - Instruction.
    Section 8--305. Instruction. (a) If an instruction has been originated by an appropriate person but is incomplete in any other respect, any person may complete...
  • 8-306 - Effect of Guaranteeing Signature, Indorsement, or Instruction.
    Section 8--306. Effect of Guaranteeing Signature, Indorsement, or Instruction. (a) A person who guarantees a signature of an indorser of a security certificate warrants that...
  • 8-307 - Purchaser's Right to Requisites for Registration of Transfer.
    Section 8--307. Purchaser's Right to Requisites for Registration of Transfer. Unless otherwise agreed, the transferor of a security on due demand shall supply the purchaser...

Last modified: February 3, 2019