Ucc 8-501

Article 9 divides collateral into types, which are defined in the Uniform Commercial Code “Securities accounts” are a type of account defined in UCC §8-501(a). UCC §8-502

to real estate U.C.C. § 8- 501(a). “UCC” shall mean the Indiana Uniform Commercial Code, Indiana Code § 26-1 et be a “securities account” within the meaning of Section 8-501 of the UCC;. (ii) a Uniform Commercial Code financing statement authorized by the the [ Security Agreement]) are “securities accounts” as defined in Section 8-501(a) and R.S. 10:8-101 to 10:8-501 (Supp. 1980). 4.

02.03.2021 Ucc 8-501

1308.51. (UCC 8-501) Securities account; acquisition of security entitlement from securities intermediary. 1308.52. (UCC 8-502) Assertion of adverse claim against entitlement holder. 1308.53.

BY ORDER OF THE EXECUTIVE DIRECTOR Office of the Federal Register Washington, D.C. By Authority of the Code of Federal Regulations: 17 CFR 270.17f-4(c)(1) Name of Legally Binding Document: UCC: 2002 Official Text and Comments, Sections 8–501 through 8–511 Name of Standards Organization: National Conference of Commissioners on Uniform State Laws

An action based on an adverse claim to a financial asset, whether framed in conversion, replevin, constructive trust, equitable lien, or other theory, may not be asserted against a person who acquires a security entitlement under section 8-501 for value and without notice of the adverse claim. Article 9 divides collateral into types, which are defined in the Uniform Commercial Code “Securities accounts” are a type of account defined in UCC §8-501(a).

Securities account Section 8–501 (c) In addition, Article 1 contains general definitions and principles of construction and interpretation applicable throughout this Article. (d) The characterization of a person, business, or transaction for purposes of this Article does not determine the characterization of the person, business, or

Under other law, Owner may have a claim to have a constructive trust imposed on the security entitlement as the traceable product of the bonds that Thief misappropriated.

Facebook · Twitter · Email · Section 8-501 · Securities Account; Acquisition of Security New York Uniform Commercial Code UCC NY UCC Section 8-102. If a person acquires a security entitlement by virtue of Section 8-501(b)(2) or (3) , that This article may be cited as Uniform Commercial Code–Investment Securities. acquires a security entitlement to the security pursuant to section 42a-8-501. Company Institute ("ICI") concerning the relationship between Rule 17f-4 and Article 8 of the Uniform Commercial Code ("UCC"). See Section 8-501.

(8) "Entitlement order" means a notification communicated to a securities intermediary directing transfer or redemption of a financial asset to which the entitlement holder has a security entitlement. (9) "Financial asset," except as otherwise provided in Section 8-103, means: 8-502. Assertion of adverse claim against entitlement holder. An action based on an adverse claim to a financial asset, whether framed in conversion, replevin, constructive trust, equitable lien, or other theory, may not be asserted against a person who acquires a security entitlement under section 8-501 for value and without notice of the adverse claim.

A notice of claim is due in ten days and the counterclaim is due in 30 days. Uniform Commercial Code (UCC) Share. Facebook Twitter Email Section 8--101. Short Title. This Article may be cited as Uniform Commercial Code--Investment Securities. The terms security, security entitlement, and related terms are defined in Section 8-102, and the term securities account is defined in Section 8-501.

1, 1995. Sec. 8.102. UNIFORM COMMERCIAL CODE. Chapter.

Securities Intermediary : As defined in Section 8-102(a)(14) of the UCC, and where appropriate, shall mean Wells Fargo Bank, N.A. or its successor, in its capacity as securities intermediary pursuant to Section 4.9 . Oct 26, 2011 1308.51. (UCC 8-501) Securities account; acquisition of security entitlement from securities intermediary. 1308.52.

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SECTION 8-501 Securities Account; Acquisition of Security Entitlement from Securities Intermediary SECTION 8-503 Property Interest of Entitlement Holder in Financial Asset held by Securities Intermediary Section 8-502 Assertion of Adverse Claim against Entitlement Holder Uniform Commercial Code (UCC)

The UCC is a joint project of the Uniform Law Commission and the American Law Institute.