Commercial Code § 8209
‹ § 8208§ 8210 ›Open in browserleginfo ↗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.)