30-8-106. Applicability. The law (including the conflict of laws rules) of the jurisdiction of organization of the issuer governs the validity of a security, the effectiveness of registration by the issuer, and the rights and duties of the issuer with respect to:
     (1) registration of transfer of a certificated security;
     (2) registration of transfer, pledge, or release of an uncertificated security; and
     (3) sending of statements of uncertificated securities.

     History: En. Sec. 8-106, Ch. 264, L. 1963; R.C.M. 1947, 87A-8-106; amd. Sec. 14, Ch. 402, L. 1983.