Legislative Fact Sheet - UCC Article 8, Investment Securities (1994)

Act UCC Article 8, Investment Securities (1994)
Origin Completed by the Uniform Law Commission and the American Law Institute in 1994.
Description The Revised UCC8 provides a modern legal structure for the system of securities holding through securities intermediaries. The revision sets forth rules concerning the system through which securities are held, specifiying the mechanisms by which ownership and other interests in securities are recorded and changed, and some of the rights and duties of the parties who participate in the securities holding system.

(Approved by the American Bar Association)

(Supported by Securities and Exchange Commission; Federal Reserve Bank of NY; American Society of Corporate Secretaries; American Stock Exchange; The Depository Trust Company; Investment Company Institute; National Association of Securities Dealers; National Securities Clearing Corporation; New York Clearing House; New York Stock Exchange; Securities Industry Association)


Enactments Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, U.S. Virgin Islands, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
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