™Your Policy Risk Impact Agent
40 chapters · 412 sections in this title.
5 CMC § 7210 Enforcement of Warehouseman's Lien
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Enforcement of Warehouseman’s Lien. (1) Except as provided in subsection (2) of this section, a warehouseman’s lien may be enforced by public or private sale of the goods in block or in parcels, at any time or place and on any terms which are commercially reasonable, after notify…
5 CMC § 8201 Issuer
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“Issuer.” (1) With respect to obligations on or defenses to a security, “issuer” includes a person who: (a) Places or authorizes the placing of his name on a certificated security (otherwise than as authenticating trustee, registrar, transfer agent, or the like) to evidence that …
5 CMC § 8202 Issuer's Responsibility and Defenses; Notice of Defect or Defense
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Issuer’s Responsibility and Defenses; Notice of Defect or Defense. (1) Even against a purchaser for value and without notice, the terms of a security include: (a) If the security is certificated, those stated on the security; (b) If the security is uncertificated, those contained…
5 CMC § 8203 Staleness as Notice of Defects or Defenses
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Staleness as Notice of Defects or Defenses. (1) After an act or event creating a right to immediate performance of the principal obligation represented by a certificated security or that sets a date on or after which the security is to be presented or surrendered for redemption o…
