2009 Kentucky Revised Statutes
Article 8 Investment Securities
(a) 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; (b) Creates a share, participation, or other interest in its property or in an enterprise, or undertakes an obligation, that is an uncertificated security; (c) Directly or indirectly creates a fractional interest in its rights or property, if the fractional interest is represented by a security certificate; or (d) Becomes responsible for, or in place of, another person described as an issuer in this section. (2) 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. (3) With respect to a registration of a transfer, issuer means a person on whose behalf transfer books are maintained. Effective: January 1, 1997
History: Repealed and reenacted 1996 Ky. Acts ch. 130, sec. 130, effective January 1, 1997. -- Amended 1986 Ky. Acts ch. 118, sec. 17, effective July 1, 1987. -- Created
1958 Ky. Acts ch. 77, sec. 8-201, effective July 1, 1960.
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