N.Y. U.C.C. Law § 8-209
Current through 2024 NY Law Chapter 443
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 or, in a case of a cooperative interest, is set forth in the cooperative record.
N.Y. U.c.c. Law § 8-209