There Is a Newer Version of the California Code
2013 California Code
Commercial Code - COM
DIVISION 8. INVESTMENT SECURITIES
CHAPTER 2. Issue and Issuer
8209
CA Com Code § 8209 (2013) What's This?
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.
(Added by Stats. 1996, Ch. 497, Sec. 9. Effective January 1, 1997.)
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