Source: http://dccode.elaws.us/code?no=28:8-108
Timestamp: 2019-11-22 09:48:16
Document Index: 304006496

Matched Legal Cases: ['§ 28', '§ 1', '§ 4', '§ 2', '§ 26', '§ 28']

§ 28:8-108. Warranties in direct holding.
(i) Except as otherwise provided in subsection (g) of this section, a broker acting for a customer makes to the issuer and a purchaser the warranties provided in subsections (a) through (f) of this section. A broker that delivers a security certificate to its customer, or causes its customer to be registered as the owner of an uncertificated security, makes to the customer the warranties provided in subsection (a) or (b), and has the rights and privileges of a purchaser under this section. The warranties of and in favor of the broker acting as an agent are in addition to applicable warranties given by and in favor of the customer.
(Dec. 30, 1963, 77 Stat. 737, Pub. L. 88-243, § 1; Mar. 16, 1993, D.C. Law 9-196, § 4, 39 DCR 9165; renumbered and amended, Apr. 9, 1997, D.C. Law 11-240, § 2, 44 DCR 1087; Apr. 20, 1999, D.C. Law 12-264, § 26(a), 46 DCR 2118.)
"Secured party". Section 9-105(1)(m).
1981 Ed., § 28:8-108.