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.
Tenn. Code Ann. § 47-8-209
Issuer's lien
Known as the Uniform Commercial Code
The act spans §§ 47–47 (578 sections).
Acts 1997, ch. 79, § 1.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.