Short Title and General Matters

Short title.

Definitions.

Rules for determining whether certain obligations and interests are securities or financial assets.

Acquisition of security or financial asset or interest therein.

Notice of adverse claim.

Control.

Whether endorsement, instruction or entitlement order is effective.

Warranties in direct holding.

Warranties in indirect holding.

Applicability

Rules of clearing corporation.

Creditor’s legal process.

Statute of frauds inapplicable.

Evidentiary rules concerning certificated securities.

Securities intermediary and others not liable to adverse claimant.

Securities intermediary as purchaser for value.