The law (including the conflict of laws rules) of the jurisdiction of organization of the issuer governs the validity of a security, the effectiveness of registration by the issuer, and the rights and duties of the issuer with respect to:

1. (1) Registration of transfer of a certificated security;
2. (2) Registration of transfer, pledge, or release of an uncertificated security; and
3. (3) Sending of statements of uncertificated securities.

History.--s. 1, ch. 65-254; s. 1, ch. 87-275.

Note.--s. 8-106, U.C.C.