# Conn. Gen. Stat. § 42a-8-110: Sec. 42a-8-110. Applicability; choice of law > Connecticut · Statutes · In force URL: https://www.frixlaw.com/law-library/statutes/STATE_CT_T42a_C8_S42a-8-110 ## Section - **Citation:** Conn. Gen. Stat. § 42a-8-110 - **Heading:** Sec. 42a-8-110. Applicability; choice of law - **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-8-110 ## Text (1) The validity of a security; (2) The rights and duties of the issuer with respect to registration of transfer; (3) The effectiveness of registration of transfer by the issuer; (4) Whether the issuer owes any duties to an adverse claimant to a security; and (5) Whether an adverse claim can be asserted against a person to whom transfer of a certificated or uncertificated security is registered or a person who obtains control of an uncertificated security. (b) The local law of the securities intermediary's jurisdiction, as specified in subsection (e) of this section, governs: (1) Acquisition of a security entitlement from the securities intermediary; (2) The rights and duties of the securities intermediary and entitlement holder arising out of a security entitlement; (3) Whether the securities intermediary owes any duties to an adverse claimant to a security entitlement; and (4) Whether an adverse claim can be asserted against a person who acquires a security entitlement from the securities intermediary or a person who purchases a security entitlement or interest therein from an entitlement holder. (c) The local law of the jurisdiction in which a security certificate is located at the time of delivery governs whether an adverse claim can be asserted against a person to whom the security certificate is delivered. (d) “Issuer's jurisdiction” means the jurisdiction under which the issuer of the security is organized or, if permitted by the law of that jurisdiction, the law of another jurisdiction specified by the issuer. An issuer organized under the law of this state may specify the law of another jurisdiction as the law governing the matters specified in subdivisions (2) to (5), inclusive, of subsection (a) of this section. (e) The following rules determine a “securities intermediary's jurisdiction” for purposes of this section: (1) If an agreement between the securities intermediary and its entitlement holder governing the securities account expressly provides that a particular jurisdiction is the securities intermediary's jurisdiction for purposes of this part, this article or article 9, that jurisdiction is the securities intermediary's jurisdiction. (2) If subdivision (1) of this subsection does not apply and an agreement between the securities intermediary and its entitlement holder governing the securities account expressly provides that the agreement is governed by the law of a particular jurisdiction, that jurisdiction is the securities intermediary's jurisdiction. (3) If neither subdivision (1) nor subdivision (2) of this subsection applies and an agreement between the securities intermediary and its entitlement holder governing the securities account expressly provides that the securities account is maintained at an office in a particular jurisdiction, that jurisdiction is the securities intermediary's jurisdiction. (4) If none of the preceding subdivisions of this subsection applies, the securities intermediary's jurisdiction is the jurisdiction in which the office identified in an account statement as the office serving the entitlement holder's account is located. (5) If none of the preceding subdivisions of this subsection applies, the securities intermediary's jurisdiction is the jurisdiction in which the chief executive office of the securities intermediary is located. (f) A securities intermediary's jurisdiction is not determined by the physical location of certificates representing financial assets, or by the jurisdiction in which is organized the issuer of the financial asset with respect to which an entitlement holder has a security entitlement, or by the location of facilities for data processing or other record keeping concerning the account. ## 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) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_CT_T42a_C8_S42a-8-110. Check the current official text before relying on it. Not legal advice.