{"data":{"id":"us-de/6-del.-c.-8-201","jurisdiction":"us-de","citation":"6 Del. C. § 8-201","heading":"Issuer.","body":"(a) With respect to an obligation on or a defense to a security, an “issuer” includes a person that:\n(1) places 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) creates a share, participation, or other interest in its property or in an enterprise, or undertakes an obligation, that is an uncertificated security;\n(3) directly or indirectly creates a fractional interest in its rights or property, if the fractional interest is represented by a security certificate; or\n(4) becomes responsible for, or in place of, another person described as an issuer in this section.\n(b) With 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(c) With respect to a registration of a transfer, issuer means a person on whose behalf transfer books are maintained.","path":["Title 6. Commerce and Trade","SUBTITLE I","Uniform Commercial Code","ARTICLE 8. Investment Securities","Part 2","Issue and Issuer"],"source_url":"https://delcode.delaware.gov/title6/c008/sc02/index.html#8-201","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:06Z","sha256":"730a0ea06de53945fa11e5a48ce2a4b41ed3e7dda45a8c70c4228898157bd220","source_id":"us-de","stale":true,"prev":"us-de/6-del.-c.-8-116","next":"us-de/6-del.-c.-8-202"},"notice":"GroundRules: Original legal text. Not legal advice."}