Entitlement Order

Resource type: Glossary Item

Status: Maintained

Jurisdiction: USA

A notification communicated to a securities intermediary (www.practicallaw.com/3-382-3809) directing transfer or redemption of a financial asset (www.practicallaw.com/5-383-2186) to which the entitlement holder (www.practicallaw.com/0-383-2179) has a security entitlement (www.practicallaw.com/0-383-2221) (UCC (www.practicallaw.com/1-382-3891) § 8-102(a)(8)). For more information on entitlement orders and security interests in securities accounts, see Practice Note, UCC Creation, Perfection and Priority of Security Interests (www.practicallaw.com/6-381-0551).

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  • Resource ID: 8-383-2180
  • Products:  PLC US Corporate & Securities, PLC US Finance, PLC US Glossary, PLC US Law Department
  • This resource is maintained, meaning that we monitor developments on a regular basis and update it as soon as possible.
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