Ucc 8-501

Read this complete New York Consolidated Laws, Uniform Commercial Code - UCC § 8-501. Securities Account; Acquisition of Security Entitlement from Securities Intermediary on Westlaw FindLaw Codes are provided courtesy of Thomson Reuters Westlaw, the industry-leading online legal research system.

Rep. Serv. Id. § 8-501 (a). The 2000 Revision of Article 8 of the Uniform Commercial Code makes significant Part 5 begins by specifying, in Section 8-501, when an entitlement holder Item 6 - 382 to exercise the rights that comprise the financial asset (UCC § 8-501(a)). A securities account is a type of investment property under the UCC. Aug 8, 2018 The term is defined in UCC Section 8-501(a) as “an account to which a financial asset is or may be credited in accordance with an agreement wrote Part I of this Article, which describes the Revision of U.C.C. Article 8. Ms. Rocks is "Securities account" is defined in Revised § 8-501. 7.

07.01.2021 Ucc 8-501

(A) "Securiti 8‑502 Section 8--502. Assertion of Adverse Claim Against Entitlement Holder. an Action Based on an Adverse Claim to a Financial Asset, Wheth 8‑503 Section 8--503. Uniform Commercial Code § 8-104; New York Consolidated Laws, Uniform Commercial Code - UCC § 8-104. Acquisition of Security or Financial Asset or Interest Therein. the person acquires a security entitlement to the security pursuant to Section 8-501. (b) A person acquires a financial asset, other than a security, or an interest therein Uniform Commercial Code ASSERTION OF ADVERSE CLAIM AGAINST ENTITLEMENT HOLDER.

Uniform Commercial Code § 3-501. PRESENTMENT. § 3-501. PRESENTMENT. (a) " Presentment" means a demand made by or on behalf of a person entitled to enforce an instrument (i) to pay the instrument made to the drawee or a party obliged to pay the instrument or, in the case of a note or accepted draft payable at a bank, to the bank, or (ii) to

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.

Section 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.

(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.

§ 8-501. Securities account; acquisition of security entitlement from securities intermediary. (a) “Securities account” means an account to which a financial asset is or may be credited in accordance with an agreement under which the person maintaining the account undertakes to treat the person for whom the account is maintained as The quoted language is in clause (iii) of UCC § 8-102(a)(9)’s definition of the term “financial asset.” 6 UCC § 8-102(a)(7).

SECURITIES ACCOUNT; ACQUISITION OF SECURITY ENTITLEMENT FROM SECURITIES INTERMEDIARY. Section 8-501 Securities Account; Acquisition of Security Entitlement from Securities Intermediary Uniform Commercial Code (UCC) UCC 8-501 8-501. Securities account; acquisition of security entitlement from securities intermediary. Read this complete New York Consolidated Laws, Uniform Commercial Code - UCC § 8-501. Securities Account; Acquisition of Security Entitlement from Securities Intermediary on Westlaw FindLaw Codes are provided courtesy of Thomson Reuters Westlaw, the industry-leading online legal research system.

10 UCC § 8-505. 11 UCC § 8-506. 12 UCC § 8-102(a)(8). 13 UCC § 8-507. 14 UCC § 8-508.

(2) the person acquires a security entitlement to the security pursuant to Section 8-501. (b) A person acquires a financial asset, other than a security, or an interest therein, under this Article, if the person acquires a security entitlement to the financial asset. § 8-501. Securities account; acquisition of security entitlement from securities intermediary. (a) “Securities account” means an account to which a financial asset is or may be credited in accordance with an agreement under which the person maintaining the account undertakes to treat the person for whom the account is maintained as The quoted language is in clause (iii) of UCC § 8-102(a)(9)’s definition of the term “financial asset.” 6 UCC § 8-102(a)(7). 7 UCC § 8-501(b)(1). 8 UCC § 8-102(a)(17).

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. filing office copy — ucc financing statement (form ucc1) (rev. 04/20/11) the above space is for filing office use only ucc financing statement follow instructions a.

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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. (UCC 8-503) Property interest of entitlement holder is financial asset held by securities intermediary. 1308.54.

Oct 26, 2011 · 6 “Security entitlement” is defined in UCC § 8-102(a)(18) and “securities account” is defined in UCC § 8-501. UCC § 8-501(d) provides that if a securities intermediary holds a financial asset for another person, and the financial asset is registered in the name of, payable to the order of, or specially indorsed to the other 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. ‹ § 8-501. 1308.51 Securities account - acquisition of security entitlement from securities intermediary - UCC 8-501.

UNIFORM COMMERCIAL CODE. Chapter. 490 Uniform Commercial Code Part 5. Security Entitlements. 490:8-501 Securities account; acquisition of security .

Securities account; acquisition of security entitlement from securities intermediary. Read this complete New York Consolidated Laws, Uniform Commercial Code - UCC § 8-501. Securities Account; Acquisition of Security Entitlement from Securities Intermediary on Westlaw FindLaw Codes are provided courtesy of Thomson Reuters Westlaw, the industry-leading online legal research system. New York Uniform Commercial Code Law Section 8-501 - Section 8--501.

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