---
title: "Title 11, Chapter 8. "
collection: code
id: code:chapter:11-8
canonical_url: https://georgiacommons.org/code/title/11/chapter/8
md_url: https://georgiacommons.org/code/11-8.md
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.md
previous: https://georgiacommons.org/code/11-7.md
next: https://georgiacommons.org/code/11-9.md
index: https://georgiacommons.org/code/index.md
title_heading: COMMERCIAL CODE
section_count: 54
full_url: https://georgiacommons.org/code/11-8.md?full=1
---

# Title 11, Chapter 8. 

Title 11. Commercial Code

54 sections. Each line is `citation, catchline, status, URL`; the text of every section, in order, is at https://georgiacommons.org/code/11-8.md?full=1 (capped, with a pointer to continue).

- 11-8-101, Short title, active, https://georgiacommons.org/code/11-8-101.md
- 11-8-102, Definitions, active, https://georgiacommons.org/code/11-8-102.md
- 11-8-103, Rules for determining whether certain obligations and interests are securities or financial assets, active, https://georgiacommons.org/code/11-8-103.md
- 11-8-104, Acquisition of security or financial asset or interest therein, active, https://georgiacommons.org/code/11-8-104.md
- 11-8-105, Notice of adverse claim, active, https://georgiacommons.org/code/11-8-105.md
- 11-8-106, Control, active, https://georgiacommons.org/code/11-8-106.md
- 11-8-107, Whether indorsement, instruction, or entitlement order is effective, active, https://georgiacommons.org/code/11-8-107.md
- 11-8-108, Warranties in direct holding, active, https://georgiacommons.org/code/11-8-108.md
- 11-8-109, Warranties in indirect holding, active, https://georgiacommons.org/code/11-8-109.md
- 11-8-110, Applicability; choice of law, active, https://georgiacommons.org/code/11-8-110.md
- 11-8-111, Clearing corporation rules, active, https://georgiacommons.org/code/11-8-111.md
- 11-8-112, Creditor’s legal process, active, https://georgiacommons.org/code/11-8-112.md
- 11-8-113, Statute of frauds inapplicable, active, https://georgiacommons.org/code/11-8-113.md
- 11-8-114, Evidentiary rules concerning certificated securities, active, https://georgiacommons.org/code/11-8-114.md
- 11-8-115, Securities intermediary and others not liable to adverse claimant, active, https://georgiacommons.org/code/11-8-115.md
- 11-8-116, Securities intermediary as purchaser for value, active, https://georgiacommons.org/code/11-8-116.md
- 11-8-201, Issuer, active, https://georgiacommons.org/code/11-8-201.md
- 11-8-202, Issuer’s responsibility and defenses; notice of defect or defense, active, https://georgiacommons.org/code/11-8-202.md
- 11-8-203, Staleness as notice of defect or defense, active, https://georgiacommons.org/code/11-8-203.md
- 11-8-204, Effect of issuer’s restriction on transfer, active, https://georgiacommons.org/code/11-8-204.md
- 11-8-205, Effect of unauthorized signature on security certificate, active, https://georgiacommons.org/code/11-8-205.md
- 11-8-206, Completion or alteration of security certificate, active, https://georgiacommons.org/code/11-8-206.md
- 11-8-207, Rights and duties of issuer with respect to registered owners, active, https://georgiacommons.org/code/11-8-207.md
- 11-8-208, Effect of signature of authenticating trustee, registrar, or transfer agent, active, https://georgiacommons.org/code/11-8-208.md
- 11-8-209, Issuer’s lien, active, https://georgiacommons.org/code/11-8-209.md
- 11-8-210, Overissue, active, https://georgiacommons.org/code/11-8-210.md
- 11-8-301, Delivery, active, https://georgiacommons.org/code/11-8-301.md
- 11-8-302, Rights of purchaser, active, https://georgiacommons.org/code/11-8-302.md
- 11-8-303, Protected purchaser, active, https://georgiacommons.org/code/11-8-303.md
- 11-8-304, Indorsement, active, https://georgiacommons.org/code/11-8-304.md
- 11-8-305, Instruction, active, https://georgiacommons.org/code/11-8-305.md
- 11-8-306, Effect of guaranteeing signature, indorsement, or instruction, active, https://georgiacommons.org/code/11-8-306.md
- 11-8-307, Purchaser’s right to requisites for registration of transfer, active, https://georgiacommons.org/code/11-8-307.md
- 11-8-401, Duty of issuer to register transfer, active, https://georgiacommons.org/code/11-8-401.md
- 11-8-402, Assurance that indorsement or instruction is effective, active, https://georgiacommons.org/code/11-8-402.md
- 11-8-403, Demand that issuer not register transfer, active, https://georgiacommons.org/code/11-8-403.md
- 11-8-404, Wrongful registration, active, https://georgiacommons.org/code/11-8-404.md
- 11-8-405, Replacement of lost, destroyed, or wrongfully taken security certificate, active, https://georgiacommons.org/code/11-8-405.md
- 11-8-406, Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate, active, https://georgiacommons.org/code/11-8-406.md
- 11-8-407, Authenticating trustee, transfer agent, and registrar, active, https://georgiacommons.org/code/11-8-407.md
- 11-8-501, Securities account; acquisition of security entitlement from securities intermediary, active, https://georgiacommons.org/code/11-8-501.md
- 11-8-502, Assertion of adverse claim against entitlement holder, active, https://georgiacommons.org/code/11-8-502.md
- 11-8-503, Property interest of entitlement holder in financial asset held by securities intermediary, active, https://georgiacommons.org/code/11-8-503.md
- 11-8-504, Duty of securities intermediary to maintain financial asset, active, https://georgiacommons.org/code/11-8-504.md
- 11-8-505, Duty of securities intermediary with respect to payments and distributions, active, https://georgiacommons.org/code/11-8-505.md
- 11-8-506, Duty of securities intermediary to exercise rights as directed by entitlement holder, active, https://georgiacommons.org/code/11-8-506.md
- 11-8-507, Duty of securities intermediary to comply with entitlement order, active, https://georgiacommons.org/code/11-8-507.md
- 11-8-508, Duty of securities intermediary to change entitlement holder’s position to other form of security holding, active, https://georgiacommons.org/code/11-8-508.md
- 11-8-509, Specification of duties of securities intermediary by other statute or regulation; manner of performance of duties of securities intermediary and exercise of rights of entitlement holder, active, https://georgiacommons.org/code/11-8-509.md
- 11-8-510, Rights of purchaser of security entitlement from entitlement holder, active, https://georgiacommons.org/code/11-8-510.md
- 11-8-511, Priority among security interests and entitlement holders, active, https://georgiacommons.org/code/11-8-511.md
- 11-8-601, Effective date, active, https://georgiacommons.org/code/11-8-601.md
- 11-8-602, Repeals, reserved (no version in force today), https://georgiacommons.org/code/11-8-602.md
- 11-8-603, Savings clause, active, https://georgiacommons.org/code/11-8-603.md