§1427.  Form in which securities may be issued

Notwithstanding any other law to the contrary, securities may be issued in any one or more of the following forms:  (a) payable to bearer with coupons attached for the payment of interest, subject to registration as to principal only or as to both principal and interest; and (b) fully registered without coupons which may be subject to conversion into coupon securities.

Added by Acts 1977, No. 390, §1, eff. July 10, 1977.