Título 11. COMMERCIAL CODE · Capítulo 8. · Artículo 8. INVESTMENT SECURITIES · Parte 5. SECURITY ENTITLEMENTS
11-8-506. Duty of securities intermediary to exercise rights as directed by entitlement holder.
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
El texto siguiente es la ley tal como la imprime el estado, en inglés.
A securities intermediary shall exercise rights with respect to a financial asset if directed to do so by an entitlement holder. A securities intermediary satisfies the duty if:
- (1)
The securities intermediary acts with respect to the duty as agreed upon by the entitlement holder and the securities intermediary; or#
- (2)
In the absence of agreement, the securities intermediary either places the entitlement holder in a position to exercise the rights directly or exercises due care in accordance with reasonable commercial standards to follow the direction of the entitlement holder.#
History
Code 1981, § 11-8-506, enacted by Ga. L. 1998, p. 1323, § 1.
Leer la página oficial (el PDF del estado, abierto en la página de la que se leyó este texto).
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
Texto leído de t11-(v9)-2022-pdf.pdf, Volumen V9, edición 2022, página 697; acción de fusión: carried; SHA-256 del archivo ad397fccbf21.