§12A-8-509.

§12A-8-509.
   
   Specification of Duties of Securities Intermediary by Other Statute or
   Regulation; Manner of Performance of Duties of Securities Intermediary
   and Exercise of Rights of Entitlement Holder.
   
   (a) If the substance of a duty imposed upon a securities intermediary
   by Sections 8-504 through 8-508 of this title is the subject of other
   statute, regulation, or rule, compliance with that statute,
   regulation, or rule satisfies the duty.
   
   (b) To the extent that specific standards for the performance of the
   duties of a securities intermediary or the exercise of the rights of
   an entitlement holder are not specified by other statute, regulation,
   or rule or by agreement between the securities intermediary and
   entitlement holder, the securities intermediary shall perform its
   duties and the entitlement holder shall exercise its rights in a
   commercially reasonable manner.
   
   (c) The obligation of a securities intermediary to perform the duties
   imposed by Sections 8-504 through 8-508 of this title is subject to:
   
   (1) rights of the securities intermediary arising out of a security
   interest under a security agreement with the entitlement holder or
   otherwise; and
   
   (2) rights of the securities intermediary under other law, regulation,
   rule, or agreement to withhold performance of its duties as a result
   of unfulfilled obligations of the entitlement holder to the securities
   intermediary.
   
   (d) Sections 8-504 through 8-508 of this title do not require a
   securities intermediary to take any action that is prohibited by other
   statute, regulation, or rule.