Ucc 8-501

Uniform Commercial Code PRESENTMENT. (a) " Presentment " means a demand made by or on behalf of a person entitled to enforce an instrument (i) to pay the instrument made to the drawee or a party obliged to pay the instrument or, in the case of a note or accepted draft payable at a bank, to the bank, or (ii) to accept a draft made to the drawee.

11 UCC § 8-506. 12 UCC § 8-102(a)(8). 13 UCC § 8-507. 14 UCC § 8-508. 15 UCC § 8-503(b).

28.10.2020

(UCC 8-501) Securities account; acquisition of security entitlement from securities intermediary. 1308.52. (UCC 8-502) Assertion of adverse claim against entitlement holder. 1308.53. (UCC 8-503) Property interest of entitlement holder is financial asset held by securities intermediary. 1308.54.

Policy Perspectives on Revised U.C.C. Article 8,43 U.C.L.A. L. REv. those persons acquiring a security entitlement through sections 8-501(b)(2) or (3). See id.

may not be asserted against a person who acquires a security entitlement under Section 8-501 for value and without notice of the adverse claim. Read this complete New York Consolidated Laws, Uniform Commercial Code - UCC § 8-110. Applicability; Choice of Law on Westlaw FindLaw Codes are provided courtesy of Thomson Reuters Westlaw, the industry-leading online legal research system . Exhibit 10.1 .

Apr 1, 2002 U.C.C. § 8-501(a) defines a securities account as "an account to which a financial asset is or may be credited in accordance with an agreement

. . C opyright by ALI and NCCUSL. Reproduced with the permission of the Permanent Editorial Board for the UCC. Creditor thereby acquires a security entitlement under Section 8-501 (b).

This PURCHASE AGREEMENT (this “Agreement”) is entered into as of January 11, 2018 by and between Taylor Morrison Home Corporation, a Delaware corporation (the “Company”) and each of the parties identified on Schedule I hereto (each a “Seller” and collectively, the “Sellers”). to UCC Section 8-501 states that ‘‘persons who hold se-curities through brokers or custodians have security en-titlements, rather than being treated as the direct holders of the securities.’’ The holder of the securities entitlement rights (i.e., an ‘‘entitlement holder’’ as defined in UCC Section Section 8-501(b) of the UCC provides: Except as otherwise provided in subsections (d) and (e), a person acquires a security entitlement if a securities intermediary: (1) indicates by book entry that a financial asset has been credited to the person’s securities account; UCC §8-503, cmt. 2.

Jan 23, 2019 1. This section provides investors in the indirect holding system with protection against adverse claims by specifying that no adverse claim can be asserted against a person who acquires a security entitlement under Section 8-501 for value and without notice of the adverse claim. Section 8-501. “Securities intermediary” Uniform Commercial Code - UCC § 9-102. Definitions And Index of Definitions on Westlaw. FindLaw Codes are provided courtesy of Thomson Reuters Westlaw, the industry-leading online legal research system. Section 8--101.

UCC §8-502 UCC §8-503 (a), UCC §8-507. UCC §8-504 (a). 1308.51. (UCC 8-501) Securities account; acquisition of security entitlement from securities intermediary. 1308.52. (UCC 8-502) Assertion of adverse claim against entitlement holder.

(8) “Entitlement order” means a notification communicated to a securities intermediary directing transfer or redemption of a financial asset to which the entitlement holder has a security entitlement. An action based on an adverse claim to a financial asset, whether framed in conversion, replevin, constructive trust, equitable lien, or other theory, may not be asserted against a person who acquires a security entitlement under Section 8-501 for value and without notice of the adverse claim. Read this complete New York Consolidated Laws, Uniform Commercial Code - UCC § 8-110. Applicability; Choice of Law on Westlaw FindLaw Codes are provided courtesy of Thomson Reuters Westlaw, the industry-leading online legal research system . Good and Marketable Title. Immediately prior to the Closing Date and any Option Closing Date on which the Company is selling Securities, the Company will have good and marketable title to the Securities to be sold by the Company hereunder on such Closing Date or Option Closing Date, as applicable, or a valid “security entitlement” (within the meaning of UCC Section 8-501 of the New York to UCC Section 8-501 states that ‘‘persons who hold se-curities through brokers or custodians have security en-titlements, rather than being treated as the direct holders of the securities.’’ The holder of the securities entitlement rights (i.e., an ‘‘entitlement holder’’ as defined in UCC Section Section 8-501(b) of the UCC provides: Except as otherwise provided in subsections (d) and (e), a person acquires a security entitlement if a securities intermediary: (1) indicates by book entry that a financial asset has been credited to the person’s securities account; View UCC 8-501 Securities account; acquisition of security entitlement from securities intermediary.

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Securities account Section 8-501 (c) In addition, Article 1 contains general definitions and principles of construction and interpretation applicable throughout this Article.

Oct 2, 2015 the Uniform Commercial Code as in effect in New York; and the Account is a “ securities account” as defined in Section 8-501(a) of the UCC;. U.C.C. § 8-501(b) (account holder, as against financial intermediary, has right to have intermediary take action so that account holder has Former Article 9. Provisions of the UCC outside Article 9 that are identical (or materially Section 8-501, a security interest in a securities account would also. 8-408 Repealed, 1997. Part 5. Security Entitlements .8-501 Securities account -- Acquisition of security entitlement from securities intermediary.