The Law Governing Investment Securities May Be A Matter Of Choice

Allen Matkins
Contact

One might expect that the rights and duties of a California issuer with respect to the registration of transfer of investment securities would be governed by California law. After all, Section 8110(a) of the California Uniform Commercial Code provides that the local law of an issuer’s jurisdiction applies to such matters and Section 8110(d) defines “issuer’s jurisdiction” as the jurisdiction under which the issuer of the security is organized.

Surprisingly, however, Section 8110(d) goes on to say that an issuer organized under the laws of California may specify the laws of another jurisdiction as the laws governing the following...

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Allen Matkins | Attorney Advertising

Written by:

Allen Matkins
Contact
more
less

Allen Matkins on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide