§ 8-109. Warranties in Indirect Holding
Oklahoma Statutes AnnotatedTitle 12A. Commercial Code
12A Okl.St.Ann. § 8-109
§ 8-109. Warranties in Indirect Holding
Warranties in Indirect Holding.
(b) A person who delivers a security certificate to a securities intermediary for credit to a securities account or originates an instruction with respect to an uncertificated security directing that the uncertificated security be credited to a securities account makes to the securities intermediary the warranties specified in subsection (a) or (b) of Section 8-108 of this title.
(c) If a securities intermediary delivers a security certificate to its entitlement holder or causes its entitlement holder to be registered as the owner of an uncertificated security, the securities intermediary makes to the entitlement holder the warranties specified in subsection (a) or (b) of Section 8-108 of this title.
Credits
Laws 1995, c. 242, § 9, eff. Feb. 1, 1996.
12A Okl. St. Ann. § 8-109, OK ST T. 12A § 8-109
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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