There is a newer version of the California Code
2015 California Code
Commercial Code - COM
DIVISION 8 - INVESTMENT SECURITIES
CHAPTER 2 - Issue and Issuer
Section 8209.
CA Com Code § 8209 through (2015) Leg Sess What's This?
8209. 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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