Section 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.