A lien in favor of an issuer upon a certificated security is valid against a purchaser only if the right of the issuer to the lien is noted conspicuously on the security certificate.
Mont. Code Ann. § 30-8-219
Issuer's lien
Known as the Uniform Commercial Code
The act spans §§ 30–30 (713 sections).
En
Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.