Security Entitlements | Midpage

Collections
Delaware Code

5

Security Entitlements

8-501Securities account; acquisition of security entitlement from securities intermediary 8-502Assertion of adverse claim against entitlement holder 8-503Property interest of entitlement holder in financial asset held by securities intermediary 8-504Duty of securities intermediary to maintain financial asset 8-505Duty of securities intermediary with respect to payments and distributions 8-506Duty of securities intermediary to exercise rights as directed by entitlement holder 8-507Duty of securities intermediary to comply with entitlement order 8-508Duty of securities intermediary to change entitlement holder’s position to other form of security holding 8-509Specification of duties of securities intermediary by other statute or regulation; manner of performance of duties of securities intermediary and exercise of rights of entitlement holder 8-510Rights of purchaser of security entitlement from entitlement holder 8-511Priority among security interests and entitlement holders