Section 8--102. Definitions.\n (a) In this Article:\n (1) "Adverse claim" means a claim that a claimant has a property\n interest in a financial asset and that it is a violation of\n the rights of the claimant for another person to hold,\n transfer, or deal with the financial asset.\n (2) "Bearer form", as applied to a certificated security, means a\n form in which the security is payable to the bearer of the\n security certificate according to its terms but not by reason\n of an indorsement.\n (3) "Broker" means a person defined as a broker or dealer under\n the federal securities laws, but without excluding a bank\n acting in that capacity.\n (4) "Certificated security" means a security that is represented\n by a certificate.\n (5) "Clearing corporation" means:\n (i) a person that is registered as a "clearing agency"\n pursuant to 15 United States Code § 78-c(a)(23), as\n from time to time amended;\n (ii) a federal reserve bank; or\n (iii) any other person that provides clearance or settlement\n services with respect to financial assets that would\n require it to register as a clearing agency under the\n federal securities laws but for an exclusion or\n exemption from the registration requirement, if its\n activities as a clearing corporation, including\n promulgation of rules, are subject to regulation by a\n federal or state governmental authority.\n * (6) "Communicate" means to:\n (i) send a signed writing; or\n (ii) transmit information by any mechanism agreed upon by\n the persons transmitting and receiving the information.\n * NB Effective until June 3, 2026\n * (6) "Communicate" means to:\n (i) send a signed record; or\n (ii) transmit information by any mechanism agreed upon by\n the persons transmitting and receiving the information.\n * NB Effective June 3, 2026\n (7) "Entitlement holder" means a person identified in the records\n of a securities intermediary as the person having a security\n entitlement against the securities intermediary. If a person\n acquires a security entitlement by virtue of Section\n 8--501(b)(2) or (3), that person is the entitlement holder.\n (8) "Entitlement order" means a notification communicated to a\n securities intermediary directing transfer or redemption of a\n financial asset to which the entitlement holder has a\n security entitlement.\n (9) "Financial asset", except as otherwise provided in Section\n 8--103, means:\n (i) a security;\n (ii) an obligation of a person or a share, participation, or\n other interest in a person or in property or an\n enterprise of a person, which is, or is of a type,\n dealt in or traded on financial markets, or which is\n recognized in any area in which it is issued or dealt\n in as a medium for investment; or\n (iii) any property that is held by a securities intermediary\n for another person in a securities account if the\n securities intermediary has expressly agreed with the\n other person that the property is to be treated as a\n financial asset under this Article. As context\n requires, the term means either the interest itself or\n the means by which a person's claim to it is evidenced,\n including a certificated or uncertificated security, a\n security certificate, or a security entitlement.\n (10) "Good faith
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