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December 28, 2024 Clouds | 42°F
The 193rd General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part I ADMINISTRATION OF THE GOVERNMENT
  3. Title XV REGULATION OF TRADE
  4. Chapter 106 UNIFORM COMMERCIAL CODE
  5. Article 8 INVESTMENT SECURITIES
  6. Section 8-111 Clearing Corporation Rules

Section 8-111

Section 8-111: Clearing Corporation Rules

Section 8–111. A rule adopted by a clearing corporation governing rights and obligations among the clearing corporation and its participants in the clearing corporation is effective even if the rule conflicts with the provisions of this article and affects another party who does not consent to the rule.