N.Y. Uniform Commercial Code Law Section 8-506
Duty of Securities Intermediary to Exercise Rights as directed by Entitlement Holder

8–501
Securities Account 8–502
Assertion of Adverse Claim against Entitlement Holder 8–503
Property Interest of Entitlement Holder in Financial Asset held by Securities Intermediary 8–504
Duty of Securities Intermediary to Maintain Financial Asset 8–505
Duty of Securities Intermediary with respect to Payments and Distributions 8–506
Duty of Securities Intermediary to Exercise Rights as directed by Entitlement Holder 8–507
Duty of Securities Intermediary to comply with Entitlement Order 8–508
Duty of Securities Intermediary to change Entitlement Holder’s Position to Other Form of Security Holding 8–509
Specification of Duties of Securities Intermediary by Other Statute or Regulation 8–510
Rights of Purchaser of Security Entitlement from Entitlement Holder 8–511
Priority Among Security Interests and Entitlement Holders