{"data":{"id":"us-sd/sdcl-57a-8-209","jurisdiction":"us-sd","citation":"SDCL § 57A-8-209","heading":"Issuer's lien.","body":"A lien in favor of an issuer upon a certificated security is valid against a purchaser only if the right of the issuer to the lien is noted conspicuously on the security certificate.\nSource: SL 1998, ch 284, § 1.","path":["TITLE 57A. UNIFORM COMMERCIAL CODE","CHAPTER 57A-8. INVESTMENT SECURITIES"],"source_url":"https://sdlegislature.gov/Statutes/57A-8-209","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"814a413b5b2fff19b27080d06b85dc7a03fb3cdcdbd78a57754690452842c70b","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-57a-8-208","next":"us-sd/sdcl-57a-8-210"},"notice":"GroundRules: Original legal text. Not legal advice."}