Title 41, Uniform Commercial Code

1. Except as otherwise provided in subsections 2 and 3, if a securities intermediary does not have sufficient interests in a particular financial asset to satisfy both its obligations to entitlement holders who have security entitlements to that financial asset and its obligation…

1. This chapter does not affect an action or proceeding commenced before August 1, 1997. 2. If a security interest in a security is perfected by August 1, 1997, and the action by which the security interest was perfected would suffice to perfect a security interest under this cha…