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This entry was published on 2014-09-22
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SECTION 8-209
Issuer's Lien
Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 8, PART 2
Section 8--209. Issuer's Lien.

A lien in favor of an issuer upon a certificated security is valid
against a purchaser only if the right of the issuer to the lien is noted
conspicuously on the security certificate or, in a case of a cooperative
interest, is set forth in the cooperative record.