(810 ILCS 5/8-207)
(from Ch. 26, par. 8-207)
Rights and duties of issuer with respect to registered owners.
(a) Before due presentment for registration of transfer of a
certificated security in registered form or of an instruction requesting
registration of transfer of an uncertificated security, the issuer or indenture
trustee may treat the registered owner as the person exclusively entitled to
vote, receive notifications, and otherwise exercise all the rights and powers
of an owner.
(b) This Article does not affect the liability of the registered owner
of a security for a call, assessment, or the like.
(Source: P.A. 89-364, eff. 1-1-96.)