Investment Securities

  1. Law
  2. Connecticut General Statutes
  3. Uniform Commercial Code
  4. Investment Securities

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Section
42a-8-101

Short title: Uniform Commercial Code–Investment Securities.

Section
42a-8-102

Definitions.

Section
42a-8-103

Rules for determining whether certain obligations and interests are securities or financial assets.

Section
42a-8-104

Acquisition of security or financial asset or interest therein.

Section
42a-8-105

Notice of adverse claim.

Section
42a-8-106

Control.

Section
42a-8-107

Whether endorsement, instruction or entitlement order is effective.

Section
42a-8-108

Warranties in direct holding.

Section
42a-8-109

Warranties in indirect holding.

Section
42a-8-110

Applicability; choice of law.

Section
42a-8-111

Clearing corporation rules.

Section
42a-8-112

Creditor's legal process.

Section
42a-8-113

Statute of frauds inapplicable.

Section
42a-8-114

Evidentiary rules concerning certificated securities.

Section
42a-8-115

Securities intermediary and others not liable to adverse claimant.

Section
42a-8-116

Securities intermediary as purchaser.

Section
42a-8-201

Issuer.

Section
42a-8-202

Issuer's responsibility and defenses; notice of defect or defense.

Section
42a-8-203

Staleness as notice of defect or defense.

Section
42a-8-204

Effect of issuer's restriction on transfer.

Section
42a-8-205

Effect of unauthorized signature on security certificate.

Section
42a-8-206

Completion or alteration of security certificate.

Section
42a-8-207

Rights and duties of issuer with respect to registered owners.

Section
42a-8-208

Effect of signature of authenticating trustee, registrar or transfer agent.

Section
42a-8-209

Issuer's lien.

Section
42a-8-210

Overissue.

Section
42a-8-301

Delivery.

Section
42a-8-302

Rights of purchaser.

Section
42a-8-303

Protected purchaser.

Section
42a-8-304

Endorsement.

Section
42a-8-305

Instruction.

Section
42a-8-306

Effect of guaranteeing signature, endorsement or instruction.

Section
42a-8-307

Purchaser's right to requisites for registration of transfer.

Sections
42a-8-308 to 42a-8-321

Endorsements; instructions. Effect of endorsement without delivery. Endorsement of certificated security in bearer form. Effect of unauthorized endorsement or instruction. Effect of guaranteeing signature, endorsement or instruction. When transfer to purchaser occurs: Financial intermediary as bona fide purchaser; “financial intermediary”. Duty to transfer, when completed. Action against transferee based upon wrongful transfer. Purchaser's right to requisites for registration of transfer, pledge or release on books. Creditors' rights. No conversion by good faith conduct. Statute of frauds. Transfer or pledge within central depository system. Enforceability, attachment, perfection and termination of security interests.

Section
42a-8-401

Duty of issuer to register transfer.

Section
42a-8-402

Assurance that endorsement or instruction is effective.

Section
42a-8-403

Demand that issuer not register transfer.

Section
42a-8-404

Wrongful registration.

Section
42a-8-405

Replacement of lost, destroyed or wrongfully taken security certificate.

Section
42a-8-406

Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate.

Section
42a-8-407

Authenticating trustee, transfer agent and registrar.

Section
42a-8-408

Statement of uncertificated securities.

Section
42a-8-501

Securities account; acquisition of security entitlement from securities intermediary.

Section
42a-8-502

Assertion of adverse claim against entitlement holder.

Section
42a-8-503

Property interest of entitlement holder in financial asset held by securities intermediary.

Section
42a-8-504

Duty of securities intermediary to maintain financial asset.

Section
42a-8-505

Duty of securities intermediary with respect to payments and distributions.

Section
42a-8-506

Duty of securities intermediary to exercise rights as directed by entitlement holder.

Section
42a-8-507

Duty of securities intermediary to comply with entitlement order.

Section
42a-8-508

Duty of securities intermediary to change entitlement holder's position to other form of security holding.

Section
42a-8-509

Specification of duties of securities intermediary by other statute or regulation; manner of performance of duties of securities intermediary and exercise of rights of entitlement holder.

Section
42a-8-510

Rights of purchaser of security entitlement from entitlement holder.

Section
42a-8-511

Priority among security interests and entitlement holders.

Section
42a-8-601

Savings clause.