General Laws of Massachusetts (Last Updated: January 16, 2020) |
PART I ADMINISTRATION OF THE GOVERNMENT |
TITLE XV. REGULATION OF TRADE |
CHAPTER 106. UNIFORM COMMERCIAL CODE |
ARTICLE 8. INVESTMENT SECURITIES |
SECTION 8-101. Short Title |
SECTION 8-102. Definitions |
SECTION 8-103. Rules for Determining Whether Certain Obligations and Interests are Securities or Financial Assets |
SECTION 8-104. Acquisition of Security or Financial Asset or Interest Therein |
SECTION 8-105. Notice of Adverse Claim |
SECTION 8-106. Control |
SECTION 8-107. Whether Indorsement, Instruction, or Entitlement Order is Effective |
SECTION 8-108. Warranties in Direct Holding |
SECTION 8-109. Warranties in Indirect Holding |
SECTION 8-110. Applicability; Choice of Law |
SECTION 8-111. Clearing Corporation Rules |
SECTION 8-112. Creditor's Legal Process |
SECTION 8-113. Statute of Frauds Inapplicable |
SECTION 8-114. Evidentiary Rules Concerning Certificated Securities |
SECTION 8-115. Securities Intermediary and Others Not Liable to Adverse Claimant |
SECTION 8-116. Securities Intermediary as Purchaser for Value |
SECTION 8-201. Issuer |
SECTION 8-202. Issuer's Responsibility and Defenses; Notice of Defect or Defense |
SECTION 8-203. Staleness as Notice of Defect or Defense |
SECTION 8-204. Effect of Issuer's Restriction on Transfer |
SECTION 8-205. Effect of Unauthorized Signature on Security Certificate |
SECTION 8-206. Completion or Alteration of Security Certificate |
SECTION 8-207. Rights and Duties of Issuer with Respect to Registered Owners |
SECTION 8-208. Effect of Signature of Authenticating Trustee, Registrar, or Transfer Agent |
SECTION 8-209. Issuer's Lien |
SECTION 8-210. Overissue |
SECTION 8-301. Delivery |
SECTION 8-302. Rights of Purchaser |
SECTION 8-303. Protected Purchaser |
SECTION 8-304. Indorsement |
SECTION 8-305. Instruction |
SECTION 8-306. Effect of Guaranteeing Signature, Indorsement, or Instruction |
SECTION 8-307. Purchaser's Right to Requisites for Registration of Transfer |
SECTION 8-401. Duty of Issuer to Register Transfer |
SECTION 8-402. Assurance that Indorsement or Instruction is Effective |
SECTION 8-403. Demand that Issuer Not Register Transfer |
SECTION 8-404. Wrongful Registration |
SECTION 8-405. Replacement of Lost, Destroyed, or Wrongfully Taken Security Certificate |
SECTION 8-406. Obligation to Notify Issuer of Lost, Destroyed, or Wrongfully Taken Security Certificate |
SECTION 8-407. Authenticating Trustee, Transfer Agent, and Registrar |
SECTION 8-501. Securities Account; Acquisition of Security Entitlement from Securities Intermediary |
SECTION 8-502. Assertion of Adverse Claim Against Entitlement Holder |
SECTION 8-503. Property Interest of Entitlement Holder in Financial Asset Held by Securities Intermediary |
SECTION 8-504. Duty of Securities Intermediary to Maintain Financial Asset |
SECTION 8-505. Duty of Securities Intermediary with Respect to Payments and Distributions |
SECTION 8-506. Duty of Securities Intermediary to Exercise Rights as Directed by Entitlement Holder |
SECTION 8-507. Duty of Securities Intermediary to Comply with Entitlement Order |
SECTION 8-508. Duty of Securities Intermediary to Change Entitlement Holder's Position to Other Form of Security Holding |
SECTION 8-510. Rights of Purchaser of Security Entitlement from Entitlement Holder |
SECTION 8-511. Priority Among Security Interests and Entitlement Holders |