# Conn. Gen. Stat. § 42a-8-109: Sec. 42a-8-109. Warranties in indirect holding

> Connecticut · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_CT_T42a_C8_S42a-8-109

## Section

- **Citation:** Conn. Gen. Stat. § 42a-8-109
- **Heading:** Sec. 42a-8-109. Warranties in indirect holding
- **Jurisdiction:** Connecticut
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Connecticut Code / Title 42a / Chapter 8 / Section 42a-8-109

## Text

(1) The entitlement order is made by an appropriate person, or if the entitlement order is by an agent, the agent has actual authority to act on behalf of the appropriate person; and

(2) There is no adverse claim to the security entitlement.

(b) A person who delivers a security certificate to a securities intermediary for credit to a securities account or originates an instruction with respect to an uncertificated security directing that the uncertificated security be credited to a securities account makes to the securities intermediary the warranties specified in subsection (a) or (b) of section 42a-8-108 .

(c) If a securities intermediary delivers a security certificate to its entitlement holder or causes its entitlement holder to be registered as the owner of an uncertificated security, the securities intermediary makes to the entitlement holder the warranties specified in subsection (a) or (b) of section 42a-8-108 .

## Nearby sections

- [Conn. Gen. Stat. § 42a-8-102 Sec. 42a-8-102. Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_CT_T42a_C8_S42a-8-102.md)
- [Conn. Gen. Stat. § 42a-8-103 Sec. 42a-8-103. Rules for determining whether certain obligations and interests are securities or financial assets.](https://www.frixlaw.com/law-library/statutes/STATE_CT_T42a_C8_S42a-8-103.md)
- [Conn. Gen. Stat. § 42a-8-104 Sec. 42a-8-104. Acquisition of security or financial asset or interest therein.](https://www.frixlaw.com/law-library/statutes/STATE_CT_T42a_C8_S42a-8-104.md)
- [Conn. Gen. Stat. § 42a-8-105 Sec. 42a-8-105. Notice of adverse claim.](https://www.frixlaw.com/law-library/statutes/STATE_CT_T42a_C8_S42a-8-105.md)
- [Conn. Gen. Stat. § 42a-8-106 Sec. 42a-8-106. Control.](https://www.frixlaw.com/law-library/statutes/STATE_CT_T42a_C8_S42a-8-106.md)
- [Conn. Gen. Stat. § 42a-8-107 Sec. 42a-8-107. Whether endorsement, instruction or entitlement order is effective.](https://www.frixlaw.com/law-library/statutes/STATE_CT_T42a_C8_S42a-8-107.md)
- [Conn. Gen. Stat. § 42a-8-108 Sec. 42a-8-108. Warranties in direct holding.](https://www.frixlaw.com/law-library/statutes/STATE_CT_T42a_C8_S42a-8-108.md)
- [Conn. Gen. Stat. § 42a-8-109 Sec. 42a-8-109. Warranties in indirect holding.](https://www.frixlaw.com/law-library/statutes/STATE_CT_T42a_C8_S42a-8-109.md)
- [Conn. Gen. Stat. § 42a-8-110 Sec. 42a-8-110. Applicability; choice of law.](https://www.frixlaw.com/law-library/statutes/STATE_CT_T42a_C8_S42a-8-110.md)
- [Conn. Gen. Stat. § 42a-8-112 Sec. 42a-8-112. Creditor's legal process.](https://www.frixlaw.com/law-library/statutes/STATE_CT_T42a_C8_S42a-8-112.md)
- [Conn. Gen. Stat. § 42a-8-114 Sec. 42a-8-114. Evidentiary rules concerning certificated securities.](https://www.frixlaw.com/law-library/statutes/STATE_CT_T42a_C8_S42a-8-114.md)
- [Conn. Gen. Stat. § 42a-8-115 Sec. 42a-8-115. Securities intermediary and others not liable to adverse claimant.](https://www.frixlaw.com/law-library/statutes/STATE_CT_T42a_C8_S42a-8-115.md)
- [Conn. Gen. Stat. § 42a-8-201 Sec. 42a-8-201. Issuer.](https://www.frixlaw.com/law-library/statutes/STATE_CT_T42a_C8_S42a-8-201.md)
- [Conn. Gen. Stat. § 42a-8-202 Sec. 42a-8-202. Issuer's responsibility and defenses; notice of defect or defense.](https://www.frixlaw.com/law-library/statutes/STATE_CT_T42a_C8_S42a-8-202.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_CT_T42a_C8_S42a-8-109. Check the current official text before relying on it. Not legal advice.