Laws of New York (Last Updated: November 21, 2014) |
UCC Uniform Commercial Code |
Article 8. INVESTMENT SECURITIES |
Part 1. SHORT TITLE AND GENERAL MATTERS |
Section 8--111. Clearing Corporation Rules
Latest version.
-
A rule adopted by a clearing corporation governing rights and obligations among the clearing corporation and its participants in the clearing corporation is effective even if the rule conflicts with this article and affects another party who does not consent to the rule.