Título 11. COMMERCIAL CODE · Capítulo 8. · Artículo 8. INVESTMENT SECURITIES · Parte 5. SECURITY ENTITLEMENTS
11-8-508. Duty of securities intermediary to change entitlement holder’s position to other form of security holding.
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 act at the direction of an entitlement holder to change a security entitlement into another available form of holding for which the entitlement holder is eligible, or to cause the financial asset to be transferred to a securities account of the entitlement holder with another securities intermediary. A securities intermediary satisfies the duty if:
- (1)
The securities intermediary acts as agreed upon by the entitlement holder and the securities intermediary; or#
- (2)
In the absence of agreement, the securities intermediary exercises due care in accordance with reasonable commercial standards to follow the direction of the entitlement holder.#
History
Code 1981, § 11-8-508, 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 698; acción de fusión: carried; SHA-256 del archivo ad397fccbf21.