certificated securityの例文
- In the United States, the current " official " version of Article 8 of the Uniform Commercial Code permits non-certificated securities.
- RoSS was implemented to respond and eliminate the operating risks posed by the issuance, trading, and transportation of certificated securities as highlighted by the Bancapital financial scandal of 1994.
- Section 8-313 ( 1 ) ( a ) provides that transfer of a security interest in a security occurs when the secured party " acquires possession of a certificated security ."
- Though all 50 states ( as well as the District of Columbia and the U . S . Virgin Islands ) have enacted some form of Article 8, many of them still appear to use older versions of Article 8, including some that did not permit non-certificated securities.
- Although securities held in that system exist not in the form of certificates but only as entries in the records of a Federal Reserve bank, see generally Stigum 636-638, regulations issued by the Treasury Department and other federal agencies indulge in the fiction that transferees acquire possession of certificated securities.