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NEW HAMPSHIRE STATUTES AND CODES

Section 382-A:8-201 Issuer.

(a) With respect to an obligation on or a defense to a security, an ""issuer'' includes a person that:
      (1) places or authorizes the placing of its name on a security certificate, other than as authenticating trustee, registrar, transfer agent, or the like, to evidence a share, participation, or other interest in its property or in an enterprise, or to evidence its duty to perform an obligation represented by the certificate;
      (2) creates a share, participation, or other interest in its property or in an enterprise, or undertakes an obligation, that is an uncertificated security;
      (3) directly or indirectly creates a fractional interest in its rights or property, if the fractional interest is represented by a security certificate; or
      (4) becomes responsible for, or in place of, another person described as an issuer in this section.
   (b) With respect to an obligation on or defense to a security, a guarantor is an issuer to the extent of its guaranty, whether or not its obligation is noted on a security certificate.
   (c) With respect to a registration of a transfer, issuer means a person on whose behalf transfer books are maintained.

Source. 1998, 326:1, eff. Jan. 1, 1999.

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