--- title: O.C.G.A. § 11-8-209. Issuer’s lien. collection: code id: 11-8-209 cite_as: O.C.G.A. § 11-8-209 (2025) canonical_url: https://georgiacommons.org/code/11-8-209 md_url: https://georgiacommons.org/code/11-8-209.md text_url: https://georgiacommons.org/code/11-8-209/text source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t11-(v9)-2022-pdf.pdf?sfvrsn=b5451bbd_0#page=679 date: 2025 status: active corpus_version: 2025-supplement-89aa39ab3c68 license: CC0-1.0 publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice. up: https://georgiacommons.org/code/11-8.md previous: https://georgiacommons.org/code/11-8-208.md next: https://georgiacommons.org/code/11-8-210.md index: https://georgiacommons.org/code/index.md version: the only printed version in_force: true current_through: Including Acts of the 2025 Regular Session of the General Assembly heading_path: COMMERCIAL CODE / INVESTMENT SECURITIES / ISSUE AND ISSUER --- # O.C.G.A. § 11-8-209. Issuer’s lien. 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. ## History Code 1981, § 11-8-209, enacted by Ga. L. 1998, p. 1323, § 1.