Revised Code of Washington - RCW Title 62A Uniform Commercial Code - Section 62A.8-207 Rights and duties of issuer with respect to registered owners

§ 62A.8-207. Rights and duties of issuer with respect to registered owners

(1) 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.

(2) This Article does not affect the liability of the registered owner of a security for a call, assessment, or the like.

[1995 c 48 § 23; 1986 c 35 § 14; 1965 ex.s. c 157 § 8-207. Cf. former RCW 23.80.020 and 23.80.030; 1939 c 100 § § 2 and 3; RRS § § 3803-102 and 3803-103; formerly RCW 23.20.030 and 23.20.040.]

Notes:
     Effective date -- 1995 c 48: See RCW 62A.11-113.

Sections:  Previous  62A.8-116  62A.8-201  62A.8-202  62A.8-203  62A.8-204  62A.8-205  62A.8-206  62A.8-207  62A.8-208  62A.8-209  62A.8-210  62A.8-301  62A.8-302  62A.8-303  62A.8-304  Next

Last modified: April 7, 2009