{"data":{"id":"us-dc/d.c.-code-28-8-201","jurisdiction":"us-dc","citation":"D.C. Code § 28:8-201","heading":"Issuer.","body":"(a)\nWith respect to an obligation on or a defense to a security, an “issuer” includes a person that:\n(1)\nPlaces or authorizes the placing of its name on a security certificate, other than as authenticating trustee, registrar, transfer agent, or the like, to evidence a share, participation, or other interest in its property or in an enterprise, or to evidence its duty to perform an obligation represented by the certificate;\n(2)\nCreates a share, participation, or other interest in its property or in an enterprise, or undertakes an obligation, that is an uncertificated security;\n(3)\nDirectly or indirectly creates a fractional interest in its rights or property, if the fractional interest is represented by a security certificate; or\n(4)\nBecomes responsible for, or in place of, another person described as an issuer in this section.\n\n(b)\nWith respect to an obligation on or defense to a security, a guarantor is an issuer to the extent of its guaranty, whether or not its obligation is noted on a security certificate.\n\n(c)\nWith respect to a registration of a transfer, issuer means a person on whose behalf transfer books are maintained.","path":["Title 28. Commercial Instruments and Transactions. [Enacted title]","Subtitle I. Uniform Commercial Code.","Article 8. Investment Securities.","Part II. Issue and Issuer."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/28:8-201","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"c4a218cceb0652022e808d5249a029bf11c824920a0b510d7f3c338e9748fec8","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-28-8-116","next":"us-dc/d.c.-code-28-8-202"},"notice":"GroundRules: Original legal text. Not legal advice."}