UCC For Investment Securities
(Revised Article 8)
(Revised Article 8)
UCC For Investment Securities (Revised Article 8)
UCC Article 8 applies to a share or similar equity interest issued by an entity that is registered as an investment company under the federal investment company laws, an interest in a unit investment trust that is so registered, or a face-amount certificate issued by a face-amount certificate company that is so registered. An investment company security does not include an insurance policy or endowment policy or annuity contract issued by an insurance company.
Example Case 1:
Content of case 1.
Example Case 2:
Content of case 2.
Example Case 3:
Content of case3.