Examples of Revised Article 8 in a sentence
For purposes of this Section 3.06(a), the terms "entitlement holder", "security entitlement", "control", "certificated security" and "uncertificated security" shall have the meanings given such terms in Revised Article 8 (1994 Revision) of the UCC, and "control" of any Permitted Investment by the Master Servicer or the Special Servicer shall constitute "control" by a Person designated by, and acting on behalf of, the Trustee for purposes of Revised Article 8 (1994 Revision) of the UCC.
While TRADES is based in large part on Revised Article 8, the meaning of Security Entitlement under federal law is different than under Revised Article 8.
The matters set forth in§ 357.11(a) are meant to be coextensive with those matters covered by Revised Article 8 with respect to a person’s interest in a Treasury book-entry security (other than those related to a person’s relationship to Treasury or a Federal Reserve Bank which are governed solely by federal law).
The law for the matters specified in paragraph(a) of this section shall be the law of that State as though the State adopted Revised Article 8.
Section 357.11(c) sets forth a special choice of law rule with respect to security interests perfected auto- matically or by filing, which also is included in Revised Article 8.