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.

5A Del. C. 1953, §§ ?8-103; 55 Del. Laws, c. 349; 64 Del. Laws, c. 152, § ?6; 71 Del. Laws, c. 75, § ?1;

Terms Used In Delaware Code Title 6 Sec. 8-209

  • Lien: A claim against real or personal property in satisfaction of a debt.