{"data":{"id":"us-dc/d.c.-code-28-8-114","jurisdiction":"us-dc","citation":"D.C. Code § 28:8-114","heading":"Evidentiary rules concerning certificated securities.","body":"The following rules apply in an action on a certificated security against the issuer:\n\n(1)\nUnless specifically denied in the pleadings, each signature on a security certificate or in a necessary indorsement is admitted.\n\n(2)\nIf the effectiveness of a signature is put in issue, the burden of establishing effectiveness is on the party claiming under the signature, but the signature is presumed to be genuine or authorized.\n\n(3)\nIf signatures on a security certificate are admitted or established, production of the certificate entitles a holder to recover on it unless the defendant establishes a defense or a defect going to the validity of the security.\n\n(4)\nIf it is shown that a defense or defect exists, the plaintiff has the burden of establishing that the plaintiff or some person under whom the plaintiff claims is a person against whom the defense or defect cannot be asserted.","path":["Title 28. Commercial Instruments and Transactions. [Enacted title]","Subtitle I. Uniform Commercial Code.","Article 8. Investment Securities.","Part I. Short Title and General Matters."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/28:8-114","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"336725f71581e605997bf31358db8d83b94864c8d185aa728dbd953f829c44b1","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-28-8-113","next":"us-dc/d.c.-code-28-8-115"},"notice":"GroundRules: Original legal text. Not legal advice."}
