13 Pennsylvania Consolidated Statutes Chapter 81 - Short Title And General Matters

• Chapter Notes
• Section 8101 - Short Title Of Division
  This division shall be known and may be cited as the Uniform Commercial Code, Article 8, Investment Securities.
• Section 8102 - Definitions
  (a) Definitions.--The following words and phrases when used in this division shall have the meanings given to them in this subsection: "Adverse claim." A...
• Section 8103 - Rules For Determining Whether Certain Obligations And Interests Are Securities Or Financial Assets
  § 8103. Rules for determining whether certain obligations and interests are securities or financial assets. (a) Share or similar equity interest.--A share or similar...
• Section 8104 - Acquisition Of Security Or Financial Asset Or Interest Therein
  § 8104. Acquisition of security or financial asset or interest therein. (a) Acquisition of security or interest therein.--A person acquires a security or an...
• Section 8105 - Notice Of Adverse Claim
  (a) General rule.--A person has notice of an adverse claim if: (1) the person knows of the adverse claim; (2) the person is aware...
• Section 8106 - Control
  (a) "Control" of certificated security in bearer form.--A purchaser has "control" of a certificated security in bearer form if the certificated security is delivered...
• Section 8107 - Whether Indorsement, Instruction Or Entitlement Order Is Effective
  § 8107. Whether indorsement, instruction or entitlement order is effective. (a) Definition of "appropriate person".--"Appropriate person" means: (1) with respect to an indorsement, the...
• Section 8108 - Warranties In Direct Holding
  (a) Warranties of person transferring certificated security.--A person who transfers a certificated security to a purchaser for value warrants to the purchaser, and an...
• Section 8109 - Warranties In Indirect Holding
  (a) Warranties of person originating entitlement order to securities intermediary.--A person who originates an entitlement order to a securities intermediary warrants to the securities...
• Section 8110 - Applicability; Choice Of Law
  (a) When local law of issuer's jurisdiction governs.--The local law of the issuer's jurisdiction, as specified in subsection (d), governs: (1) the validity of...
• Section 8111 - Clearing Corporation Rules
  A rule adopted by a clearing corporation governing rights and obligations among the clearing corporation and its participants in the clearing corporation is effective...
• Section 8112 - Creditor's Legal Process
  (a) Interest of debtor in certificated security.--The interest of a debtor in a certificated security may be reached by a creditor only by actual...
• Section 8113 - Statute Of Frauds Inapplicable
  A contract or modification of a contract for the sale or purchase of a security is enforceable whether or not there is a writing...
• Section 8114 - Evidentiary Rules Concerning Certificated Securities
  The following rules apply in an action on a certificated security against the issuer: (1) Unless specifically denied in the pleadings, each signature on...
• Section 8115 - Securities Intermediary And Others Not Liable To Adverse Claimant
  § 8115. Securities intermediary and others not liable to adverse claimant. A securities intermediary that has transferred a financial asset pursuant to an effective...
• Section 8116 - Securities Intermediary As Purchaser For Value
  A securities intermediary that receives a financial asset and establishes a security entitlement to the financial asset in favor of an entitlement holder is...

Last modified: October 8, 2016