|
Article 2
|
The certification of stocks, corporate bonds, certificates evidencing rights to new shares, certificates evidencing payment of stocks, and beneficial certificates (hereinafter "securities") issued by public companies (hereinafter "companies") shall be made by banks (hereinafter "certification banks") permitted by law to serve as registrars for issues of stocks or bonds.
Securities under the preceding paragraph for which no physical ("scrip") security is printed to represent the rights thereof are exempt from the requirement of certification.
|