KRS 355.8-207: Rights and duties of issuer with respect to registered owners.

(1) Before due presentment for registration of transfer of a certificated security in

registered form or of an instruction requesting registration of transfer of an

uncertificated security, the issuer or indenture trustee may treat the registered owner

as the person exclusively entitled to vote, receive notifications, and otherwise

exercise all the rights and powers of an owner.

(2) This article does not affect the liability of the registered owner of a security for a

call, assessment, or the like.