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.
N.C. Gen. Stat. § 25-8-209
Issuer's lien
Known as the Uniform Commercial Code
The act spans §§ 25–25 (616 sections).
1997-181, s. 1.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.