Section 55-8-201 - Issuer. - New Mexico Statutes

55-8-201. 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.