N.Y. Uniform Commercial Code Law § 8-207: Rights and Duties of Issuer with respect to Registered Owners

Section 8--207. Rights and Duties of Issuer with respect to Registered

Owners.

(a) 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.

(b) This Article does not affect the liability of the registered owner

of a security for a call, assessment, or the like.