70A-8-207 - Rights and duties of issuer with respect to registered owners.
70A-8-207. Rights and duties of issuer with respect to registered owners.
(1) Before due presentment for registration of transfer of a certificated security inregistered form or of an instruction requesting registration of transfer of an uncertificated security,the issuer or indenture trustee may treat the registered owner as the person exclusively entitled tovote, receive notifications, and otherwise exercise all the rights and powers of an owner.
(2) This chapter does not affect the liability of the registered owner of a security for acall, assessment, or the like.
Repealed and Re-enacted by Chapter 204, 1996 General Session