Sec. 1201.023. UNCERTIFICATED BOOK-ENTRY ISSUANCE. (a) The governing body of an issuer may provide for a book-entry record of ownership of a public security issued by the issuer. A public security may be issued in uncertificated book-entry form. (b) The record of ownership of a public security issued in uncertificated book-entry form may be kept by the issuer or an agent of the issuer.
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