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Translation examples
Los derechos y obligaciones del emisor de los valores o del registro o agente de transferencia del emisor [artículo 2 3) c)]
Rights and duties of an issuer of securities or of an issuer's registrar or transfer agent [Article 2(3)(c)]
[i)] toda acción o derecho semejante de participación en un emisor, una obligación de un emisor o la empresa de un emisor que:
[(i)] Any share or similar right of participation in an issuer, an obligation of an issuer or the enterprise of an issuer that:
1. La ley aplicable a la oponibilidad de una garantía real sobre valores certificados y no depositados en poder de un intermediario frente al emisor será la ley del Estado en cuya jurisdicción se haya constituido el emisor [, a menos que el emisor haya elegido la ley de otro Estado, en cuyo caso la ley del Estado elegido por el emisor será la ley aplicable].
1. The law applicable to the effectiveness of a security right in certificated non-intermediated securities as against the issuer is the law of the State under which the issuer is constituted[, unless the issuer has chosen the law of another State, in which case the law of the State chosen by the issuer is the applicable law].
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