PocketLaw | Michigan Compiled Laws | Part 5 Security Entitlements

Part 5 Security Entitlements (440.8501...440.8511)

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Section
440.8501

“Securities Account” Defined; Acquisition of Security Entitlement; Conditions; Directly Held Financial Asset; Issuance Not as Security Entitlement.

Section
440.8502

Action Based on Adverse Claim.

Section
440.8503

Entitlement Holder Property Interest.

Section
440.8504

Maintenance of Financial Asset by Securities Intermediary; Quantity; Manner; Limitation; Duties; Applicability to Clearing Corporation.

Section
440.8505

Obtaining Payment or Distribution Made by Issuer of Financial Asset; Duties and Obligations of Securities Intermediary.

Section
440.8506

Duty of Securities Intermediary to Exercise Rights With Respect to Financial Asset; Conditions.

Section
440.8507

Compliance With Entitlement Order by Securities Intermediary; Conditions; Wrongful Transfer of Financial Asset Pursuant to Ineffective Entitlement Order; Liability.

Section
440.8508

Changing Security Entitlement Into Another Form of Holding; Transferring Financial Asset to Securities Account of Entitlement Holder; Duties of Securities Intermediary; Conditions.

Section
440.8509

Performance of Duties by Securities Intermediary.

Section
440.8510

Assertion of Action Based on Adverse Claim; Prohibition; Conditions; Priority.

Section
440.8511

Priority of Claims.