Section 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 or, in a case of a cooperative interest, is set forth in the cooperative record.
Issuer's Lien
N.Y. Uniform Commercial Code Law § 8-209, under Issue and Issuer.
N.Y. Uniform Commercial Code Law § 8-209