STATE STATUTES & CODES

VERMONT STATUTES AND CODES

Article 8 - Investment Securities (Contains: §§ 101 – 511)

• § 101 -   Short title
• § 102 -   Definitions
• § 103 -   Rules for determining whether certain obligations and interests are securities or financial assets
• § 104 -   Acquisition of security or financial asset or interest therein
• § 105 -   Notice of adverse claim
• § 106 -   Control
• § 107 -   Whether indorsement, instruction, or entitlement order is effective
• § 108 -   Warranties in direct holding
• § 109 -   Warranties in indirect holding
• § 110 -   Applicability; choice of law
• § 111 -   Clearing corporation rules
• § 112 -   Creditor's legal process
• § 113 -   Statute of frauds inapplicable
• § 114 -   Evidentiary rules concerning certificated securities
• § 115 -   Securities intermediary and others not liable to adverse claimant
• § 116 -   Securities intermediary as purchaser for value
• § 201 -   Issuer
• § 202 -   Issuer's responsibility and defenses; notice of defect or defense
• § 203 -   Staleness as notice of defect or defense
• § 204 -   Effect of issuer's restriction on transfer
• § 205 -   Effect of unauthorized signature on security certificate
• § 206 -   Completion or alteration of security certificate
• § 207 -   Rights and duties of issuer with respect to registered owners
• § 208 -   Effect of signature of authenticating trustee, registrar, or transfer agent
• § 209 -   Issuer's lien
• § 210 -   Overissue
• § 301 -   Delivery
• § 302 -   Rights of purchaser
• § 303 -   Protected purchaser
• § 304 -   Indorsement
• § 305 -   Instruction
• § 306 -   Effect of guaranteeing signature, indorsement, or instruction
• § 307 -   Purchaser's right to requisites for registration of transfer
• § 401 -   Duty of issuer to register transfer
• § 402 -   Assurance that indorsement or instruction is effective
• § 403 -   Demand that issuer not register transfer
• § 404 -   Wrongful registration
• § 405 -   Replacement of lost, destroyed, or wrongfully taken security certificate
• § 406 -   Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate
• § 407 -   Authenticating trustee, transfer agent, and registrar
• § 501 -   Securities account; acquisition of security entitlement from securities intermediary
• § 502 -   Assertion of adverse claim against entitlement holder
• § 503 -   Property interest of entitlement holder in financial asset held by securities intermediary
• § 504 -   Duty of securities intermediary to maintain financial asset
• § 505 -   Duty of securities intermediary with respect to payments and distributions
• § 506 -   Duty of securities intermediary to exercise rights as directed by entitlement holder
• § 507 -   Duty of securities intermediary to comply with entitlement order
• § 508 -   Duty of securities intermediary to change entitlement holder's position to other form of security holding
• § 509 -   Specification of duties of securities intermediary by other statute or regulation; manner of performance of duties of securities intermediary and exercise
• § 510 -   Rights of purchaser of security entitlement from entitlement holder
• § 511 -   Priority among security interests and entitlement holders