Georgia § 11-8-301 - Delivery.
Full text of Georgia Official Code of Georgia Annotated § 11-8-301 — Delivery., with citation guidance and answers to common questions.
§ 11-8-301. Delivery.
Delivery of a certificated security to a purchaser occurs when: The purchaser acquires possession of the security certificate; Another person, other than a securities intermediary, either acquires possession of the security certificate on behalf of the purchaser or, having previously acquired possession of the certificate, acknowledges that it holds for the purchaser; or A securities intermediary acting on behalf of the purchaser acquires possession of the security certificate, only if the certificate is in registered form and (i) registered in the name of the purchaser, (ii) payable to the order of the purchaser, or (iii) specially indorsed to the purchaser by an effective indorsement and has not been indorsed to the securities intermediary or in blank. Delivery of an uncertificated security to a purchaser occurs when: The issuer registers the purchaser as the registered owner, upon original issue or registration of transfer; or Another person, other than a securities intermediary, either becomes the registered owner of the uncertificated security on behalf of the purchaser or, having previously become the registered owner, acknowledges that it holds for the purchaser. (Code 1981, § 11-8-301 , enacted by Ga. L. 1998, p. 1323, § 1; Ga. L. 2001, p. 362, § 20.) The 2001 amendment, effective July 1, 2001, in paragraph (a)(3), substituted "(i) registered in the name of the purchaser, (ii) payable to the order of the purchaser, or (iii)" for "has been" near the middle and added "and has not been indorsed to the securities intermediary or in blank" at the end.
Frequently Asked Questions About Georgia § 11-8-301
What does Official Code of Georgia Annotated § 11-8-301 cover?
Section 11-8-301 ("Delivery.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 11-8-301?
A common citation format is "Official Code of Georgia Annotated § 11-8-301" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 11-8-301 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.