Investment Securities | Midpage554.8101Short title554.8102Definitions554.8103Rules for determining whether certain obligations and interests are securities or financial assets554.8104Acquisition of security or financial asset or interest therein554.8105Notice of adverse claim554.8106Control554.8107Whether indorsement, instruction, or entitlement order is effective554.8108Warranties in direct holding554.8109Warranties in indirect holding554.8110Applicability — choice of law554.8111Clearing corporation rules554.8112Creditor’s legal process554.8113Statute of frauds inapplicable554.8114Evidentiary rules concerning certificated securities554.8115Securities intermediary and others not liable to adverse claimant554.8116Securities intermediary as purchaser for value554.8201Issuer554.8202Issuer’s responsibility and defenses — notice of defect or defense554.8203Staleness as notice of defect or defense554.8204Effect of issuer’s restriction on transfer554.8205Effect of unauthorized signature on security certificate554.8206Completion or alteration of security certificate554.8207Rights and duties of issuer with respect to registered owners554.8208Effect of signature of authenticating trustee, registrar, or transfer agent554.8209Issuer’s lien554.8210Overissue554.8301Delivery554.8302Rights of purchaser554.8303Protected purchaser554.8304Indorsement554.8305Instruction554.8306Effect of guaranteeing signature, indorsement, or instruction554.8307Purchaser’s right to requisites for registration of transfer554.8401Duty of issuer to register transfer554.8402Assurance that indorsement or instruction is effective554.8403Demand that issuer not register transfer554.8404Wrongful registration554.8405Replacement of lost, destroyed, or wrongfully taken security certificate554.8406Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate554.8407Authenticating trustee, transfer agent, and registrar554.8501Securities account — acquisition of security entitlement from securities intermediary554.8502Assertion of adverse claim against entitlement holder554.8503Property interest of entitlement holder in financial asset held by securities intermediary554.8504Duty of securities intermediary to maintain financial asset554.8505Duty of securities intermediary with respect to payments and distributions554.8506Duty of securities intermediary to exercise rights as directed by entitlement holder554.8507Duty of securities intermediary to comply with entitlement order554.8508Duty of securities intermediary to change entitlement holder’s position to other form of security holding554.8509Specification of duties of securities intermediary by other statute or regulation — manner of performance of duties of securities intermediary and exercise of rights of entitlement holder554.8510Rights of purchaser of security entitlement from entitlement holder554.8511Priority among security interests and entitlement holders