A lien in favor of an issuer on 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.
Tex. Bus. & Com. Code § 8.209
ISSUER'S LIEN
Known as the Uniform Commercial Code
The act spans §§ 1–12 (616 sections).
Added by Acts 1995, 74th Leg., ch. 962, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.