2021 Code of Alabama
Title 7 - Commercial Code.
Article 8 - Investment Securities.
Part 2 - Issue and Issuer.
Section 7-8-209 - Issuer's Lien.

Universal Citation: AL Code § 7-8-209 (2021)

Section 7-8-209

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.

(Acts 1996, No. 96-742, p. 1241, §1.)

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