reglab/housing_qa huggingface dataset:
810 ILCS 5/8-303
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-303)Sec. 8-303.     Protected purchaser.(a) "Protected purchaser" means a purchaser of a certificated or  uncertificated security, or of an interest therein, who:(1) gives value;(2) does not have notice of any adverse claim to the     security; and(3) obtains control of the certificated or     uncertificated security.(b) In addition to acquiring the rights of a purchaser, a protected  purchaser also acquires its interest in the security free of any adverse  claim.    (Source: P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-304
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-304)Sec. 8-304.     Indorsement.(a) An indorsement may be in blank or special.  An indorsement in  blank includes an indorsement to bearer.  A special indorsement specifies to  whom a security is to be transferred or who has power to transfer it.  A  holder may convert a blank indorsement to a special indorsement.(b) An indorsement purporting to be only of part of a security  certificate representing units intended by the issuer to be separately  transferable is effective to the extent of the indorsement.(c) An indorsement, whether special or in blank, does not  constitute a transfer until delivery of the certificate on which it appears or,  if  the indorsement is on a separate document, until delivery of both the  document and the certificate.(d) If a security certificate in registered form has been delivered to  a purchaser without a necessary indorsement, the purchaser may become a  protected purchaser only when the indorsement is supplied.  However,  against a transferor, a transfer is complete upon delivery and the purchaser  has a specifically enforceable right to have any necessary indorsement  supplied.(e) An indorsement of a security certificate in bearer form may give  notice of an adverse claim to the certificate, but it does not otherwise affect  a right to registration that the holder possesses.(f) Unless otherwise agreed, a person making an indorsement  assumes only the obligations provided in Section 8-108 and not an obligation  that the security will be honored by the issuer.    (Source: P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-305
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-305)Sec. 8-305.     Instruction.(a) If an instruction has been originated by an appropriate person  but is incomplete in any other respect, any person may complete it as  authorized and the issuer may rely on it as completed, even though it has  been completed incorrectly.(b) Unless otherwise agreed, a person initiating an instruction  assumes only the obligations imposed by Section 8-108 and not an obligation  that the security will be honored by the issuer.    (Source: P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-306
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-306)Sec. 8-306.         Effect of guaranteeing signature,  indorsement, or instruction.(a) A person who guarantees a signature of an indorser of a  security certificate warrants that at the time of signing:(1) the signature was genuine;(2) the signer was an appropriate person to indorse,     or if the signature is by an agent, the agent had actual authority to act on behalf of the appropriate person; and(3) the signer had legal capacity to sign.(b) A person who guarantees a signature of the originator of an  instruction warrants that at the time of signing:(1) the signature was genuine;(2) the signer was an appropriate person to originate     the instruction, or if the signature is by an agent, the agent had actual authority to act on behalf of the appropriate person, if the person specified in the instruction as the registered owner was, in fact, the registered owner, as to which fact the signature guarantor does not make a warranty; and(3) the signer had legal capacity to sign.(c) A person who specially guarantees the signature of an originator  of an instruction makes the warranties of a signature guarantor under  subsection (b) and also warrants that at the time the instruction is presented  to the issuer:(1) the person specified in the instruction as the     registered owner of the uncertificated security will be the registered owner; and(2) the transfer of the uncertificated security     requested in the instruction will be registered by the issuer free from all liens, security interests, restrictions, and claims other than those specified in the instruction.(d) A guarantor under subsections (a) and (b) or a special  guarantor under subsection (c) does not otherwise warrant the rightfulness  of the transfer.(e) A person who guarantees an indorsement of a security  certificate makes the warranties of a signature guarantor under subsection  (a) and also warrants the rightfulness of the transfer in all respects.(f) A person who guarantees an instruction requesting the transfer  of an uncertificated security makes the warranties of a special signature  guarantor under subsection (c) and also warrants the rightfulness of the  transfer in all respects.(g) An issuer may not require a special guaranty of signature, a  guaranty of indorsement, or a guaranty of instruction as a condition to  registration of transfer.(h) The warranties under this Section are made to a person taking  or dealing with the security  in reliance on the guaranty, and the guarantor is  liable to the person for loss resulting from their breach.  An indorser or  originator of an instruction whose signature, indorsement, or instruction has  been guaranteed is liable to a guarantor for any loss suffered by the  guarantor as a result of breach of the warranties of the guarantor.    (Source: P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-307
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-307)Sec. 8-307.         Purchaser's right to requisites for  registration of transfer.  Unless otherwise agreed, the transferor  of a security on due demand shall supply the purchaser with proof of  authority to transfer or with any other requisite necessary to obtain  registration of the transfer of the security, but if the transfer is not for  value, a transferor need not comply unless the purchaser pays the necessary  expenses.  If the transferor fails within a reasonable time to comply with the  demand, the purchaser may reject or rescind the transfer.    (Source: P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-308
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-308)Sec. 8-308.     (Repealed).     (Source: P.A. 85-997. Repealed by P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-309
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-309)Sec. 8-309.     (Repealed).     (Source: P.A. 85-997. Repealed by P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-310
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-310)Sec. 8-310.     (Repealed).     (Source: P.A. 85-997. Repealed by P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-311
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-311)Sec. 8-311.     (Repealed).     (Source: P.A. 85-997. Repealed by P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-312
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-312)Sec. 8-312.     (Repealed).     (Source: P.A. 85-997. Repealed by P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-313
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-313)Sec. 8-313.     (Repealed).     (Source: P.A. 85-997. Repealed by P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-314
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-314)Sec. 8-314.     (Repealed).     (Source: P.A. 85-997. Repealed by P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-315
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-315)Sec. 8-315.     (Repealed).     (Source: P.A. 85-997. Repealed by P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-316
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-316)Sec. 8-316.     (Repealed).     (Source: P.A. 85-997. Repealed by P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-317
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-317)Sec. 8-317.     (Repealed).     (Source: P.A. 85-997. Repealed by P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-318
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-318)Sec. 8-318.     (Repealed).     (Source: P.A. 85-997. Repealed by P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-319
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-319)Sec. 8-319.     (Repealed).     (Source: P.A. 85-997. Repealed by P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-320
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-320)Sec. 8-320.     (Repealed).     (Source: P.A. 85-997. Repealed by P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-321
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-321)Sec. 8-321.     (Repealed).     (Source: P.A. 85-997. Repealed by P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/Art. 8 Pt. 4 heading
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 PART 4.      REGISTRATION
810 ILCS 5/8-401
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-401)Sec. 8-401.     Duty of issuer to register transfer.(a) If a certificated security in registered form is presented to an  issuer with a request to register transfer or an instruction is presented to an  issuer with a request to register transfer of an uncertificated security, the  issuer shall register the transfer as requested if:(1) under the terms of the security the person     seeking registration of transfer is eligible to have the security registered in its name;(2) the indorsement or instruction is made by the     appropriate person or by an agent who has actual authority to act on behalf of the appropriate person;(3) reasonable assurance is given that the     indorsement or instruction is genuine and authorized (Section 8-402);(4) any applicable law relating to the collection of     taxes has been complied with;(5) the transfer does not violate any restriction on     transfer imposed by the issuer in accordance with Section 8-204;(6) a demand that the issuer not register transfer     has not become effective under Section 8-403, or the issuer has complied with Section 8-403(b) but no legal process or indemnity bond is obtained as provided in Section 8-403(d); and(7) the transfer is in fact rightful or is to a     protected purchaser.(b) If an issuer is under a duty to register a transfer of a security,  the issuer is liable to a person presenting a certificated security or an  instruction for registration or to the person's principal for loss resulting  from  unreasonable delay in registration or failure or refusal to register the  transfer.    (Source: P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-402
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-402)Sec. 8-402.         Assurance that indorsement or  instruction is effective.(a) An issuer may require the following assurance that each  necessary indorsement or each instruction is genuine and authorized:(1) in all cases, a guaranty of the signature of the     person making an indorsement or originating an instruction including, in the case of an instruction, reasonable assurance of identity;(2) if the indorsement is made or the instruction is     originated by an agent, appropriate assurance of actual authority to sign;(3) if the indorsement is made or the instruction is     originated by a fiduciary pursuant to Section 8-107(a)(4) or (a)(5), appropriate evidence of appointment or incumbency;(4) if there is more than one fiduciary, reasonable     assurance that all who are required to sign have done so; and(5) if the indorsement is made or the instruction is     originated by a person not covered by another provision of this subsection, assurance appropriate to the case corresponding as nearly as may be to the provisions of this subsection.(b) An issuer may elect to require reasonable assurance beyond  that specified in this Section.(c) In this Section:(1) "Guaranty of the signature" means a guaranty     signed by or on behalf of a person reasonably believed by the issuer to be responsible. An issuer may adopt standards with respect to responsibility if they are not manifestly unreasonable.(2) "Appropriate evidence of appointment or     incumbency" means:(i) in the case of a fiduciary appointed or         qualified by a court, a certificate issued by or under the direction or supervision of the court or an officer thereof and dated within 60 days before the date of presentation for transfer; or(ii) in any other case, a copy of a document         showing the appointment or a certificate issued by or on behalf of a person reasonably believed by an issuer to be responsible or, in the absence of that document or certificate, other evidence the issuer reasonably considered appropriate.   (Source: P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-403
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-403)Sec. 8-403.     Demand that issuer not register transfer.(a) A person who is an appropriate person to make an indorsement  or originate an instruction may demand that the issuer not register transfer  of a security by communicating to the issuer a notification that identifies the  registered owner and the issue of which the security is a part and provides  an address for communications directed to the person making the demand.  The demand is effective only if it is received by the issuer at a time and in a  manner affording the issuer reasonable opportunity to act on it.(b) If a certificated security in registered form is presented to an  issuer with a request to register transfer or an instruction is presented to an  issuer with a request to register transfer of an uncertificated security after  a demand that the issuer not register transfer has become effective, the issuer  shall promptly communicate to (i) the person who initiated the demand at  the address provided in the demand and (ii) the person who presented the  security for registration of transfer or initiated the instruction requesting  registration of transfer a notification stating that:(1) the certificated security has been presented for     registration of transfer or instruction for registration of transfer of uncertificated security has been received;(2) a demand that the issuer not register transfer     had previously been received; and(3) the issuer will withhold registration of transfer     for a period of time stated in the notification in order to provide the person who initiated the demand an opportunity to obtain legal process or an indemnity bond.(c) The period described in subsection (b)(3) may not exceed 30  days after the date of communication of the notification.  A shorter period  may be specified by the issuer if it is not manifestly unreasonable.(d) An issuer is not liable to a person who initiated a demand that  the issuer not register transfer for any loss the person suffers as a result of  registration of a transfer pursuant to an effective indorsement or instruction  if the person who initiated the demand does not, within the time stated in  the issuer's communication, either:(1) obtain an appropriate restraining order,     injunction, or other process from a court of competent jurisdiction enjoining the issuer from registering the transfer; or(2) file with the issuer an indemnity bond,     sufficient in the issuer's judgment to protect the issuer and any transfer agent, registrar, or other agent of the issuer involved from any loss it or they may suffer by refusing to register the transfer.(e) This Section does not relieve an issuer from liability for  registering transfer pursuant to an indorsement or instruction that was not  effective.    (Source: P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-404
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-404)Sec. 8-404.     Wrongful registration.(a) Except as otherwise provided in Section 8-406, an issuer is  liable for wrongful registration of transfer if the issuer has registered a  transfer of a security to a person not entitled to it, and the transfer was  registered:(1) pursuant to an ineffective indorsement or     instruction;(2) after a demand that the issuer not register     transfer became effective under Section 8-403(a) and the issuer did not comply with Section 8-403(b);(3) after the issuer had been served with an     injunction, restraining order, or other legal process enjoining it from registering the transfer, issued by a court of competent jurisdiction, and the issuer had a reasonable opportunity to act on the injunction, restraining order, or other legal process; or(4) by an issuer acting in collusion with the     wrongdoer.(b) An issuer that is liable for wrongful registration of transfer  under subsection (a) on demand shall provide the person entitled to the  security with a like certificated or uncertificated security, and any payments  or distributions that the person did not receive as a result of the wrongful  registration.  If an overissue would result, the issuer's liability to provide  the person with a like security is governed by Section 8-210.(c) Except as otherwise provided in subsection (a) or in a law  relating to the collection of taxes, an issuer is not liable to an owner or  other person suffering loss as a result of the registration of a transfer of a  security if registration was made pursuant to an effective indorsement or  instruction.    (Source: P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-405
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-405)Sec. 8-405.         Replacement of lost, destroyed, or  wrongfully taken security certificate.(a) If an owner of a certificated security, whether in registered or  bearer form, claims that the certificate has been lost, destroyed, or  wrongfully taken, the issuer shall issue a new certificate if the owner:(1) so requests before the issuer has notice that the     certificate has been acquired by a protected purchaser;(2) files with the issuer a sufficient indemnity     bond; and(3) satisfies other reasonable requirements imposed     by the issuer.(b) If, after the issue of a new security certificate, a protected  purchaser of the original certificate presents it for registration of transfer,  the issuer shall register the transfer unless an overissue would result. In  that case, the issuer's liability is governed by Section 8-210.  In addition to  any rights on the indemnity bond, an issuer may recover the new certificate  from a person to whom it was issued or any person taking under that person,  except a protected purchaser.    (Source: P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-406
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-406)Sec. 8-406.         Obligation to notify issuer of lost, destroyed, or wrongfully  taken security certificate.  If a security certificate has been lost,  apparently destroyed, or wrongfully taken, and the owner fails to notify the  issuer of that fact within a reasonable time after the owner has notice of it  and the issuer registers a transfer of the security before receiving  notification, the owner may not assert against the issuer a claim for  registering the transfer under Section 8-404 or a claim to a new security  certificate under Section 8-405.    (Source: P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-407
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-407)Sec. 8-407.     Authenticating trustee, transfer agent, and registrar.     A  person acting as authenticating trustee, transfer agent, registrar, or other  agent for an issuer in the registration of a  transfer of its securities, in the issue of new security certificates or  uncertificated securities, or in the cancellation of surrendered security  certificates has the same obligation to the holder or owner of a certificated  or uncertificated security with regard to the particular functions performed  as the issuer has in regard to those functions.    (Source: P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-408
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-408)Sec. 8-408.     (Repealed).     (Source: P.A. 85-997. Repealed by P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/8-409
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 (from Ch. 26, par. 8-409)Sec. 8-409.     (Repealed).     (Source: P.A. 85-1209. Repealed by P.A. 89-364, eff. 1-1-96.)
810 ILCS 5/Art. 8 Pt. 5 heading
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 8 - Investment Securities

 PART 5.      SECURITY ENTITLEMENTS