Quick Links
- General Laws Conversion Table (2024) [PDF]
- Florida Statutes Definitions Index (2024) [PDF]
- Table of Section Changes (2024) [PDF]
- Preface to the Florida Statutes (2024) [PDF]
- Table Tracing Session Laws to Florida Statutes (2024) [PDF]
- Index to Special and Local Laws (1971-2024) [PDF]
- Index to Special and Local Laws (1845-1970) [PDF]
- Statute Search Tips
1997 Florida Statutes
"Issuer."
678.201 "Issuer."--
(1) With respect to obligations on or defenses to a security, "issuer" includes a person who:
(a) Places or authorizes the placing of her or his name on a certificated security (otherwise than as authenticating trustee, registrar, transfer agent, or the like) to evidence that it represents a share, participation, or other interest in the person's property or in an enterprise, or to evidence her or his duty to perform an obligation represented by the certificated security;
(b) Creates shares, participations, or other interests in her or his property or in an enterprise or undertakes obligations, which shares, participations, interests, or obligations are uncertificated securities;
(c) Directly or indirectly creates fractional interests in her or his rights or property, which fractional interests are represented by certificated securities; or
(d) Becomes responsible for or in place of any other person described as an issuer in this section.
(2) With respect to obligations on or defenses to a security, a guarantor is an issuer to the extent of her or his guaranty, whether or not her or his obligation is noted on a certificated security or on statements of uncertificated securities sent pursuant to s. 678.408.
(3) With respect to registration of transfer, pledge, or release (part IV of this chapter), "issuer" means a person on whose behalf transfer books are maintained.
History.--s. 1, ch. 65-254; s. 1, ch. 87-275; s. 651, ch. 97-102.
Note.--s. 8-201, U.C.C.; supersedes ss. 674.32, 674.62-674.64.