Fla. Stat. 678.2011
Issuer
(1)
With respect to an obligation on or a defense to a security, an “issuer” includes a person that:Places or authorizes the placing of its name on a security certificate, other than as authenticating trustee, registrar, transfer agent, or the like, to evidence a share, participation, or other interest in its property or in an enterprise, or to evidence its duty to perform an obligation represented by the certificate;Creates a share, participation, or other interest in its property or in an enterprise, or undertakes an obligation, that is an uncertificated security;Directly or indirectly creates a fractional interest in its rights or property, if the fractional interest is represented by a security certificate; orBecomes responsible for, or in place of, another person described as an issuer in this section.(a)
Places or authorizes the placing of its name on a security certificate, other than as authenticating trustee, registrar, transfer agent, or the like, to evidence a share, participation, or other interest in its property or in an enterprise, or to evidence its duty to perform an obligation represented by the certificate;(b)
Creates a share, participation, or other interest in its property or in an enterprise, or undertakes an obligation, that is an uncertificated security;(c)
Directly or indirectly creates a fractional interest in its rights or property, if the fractional interest is represented by a security certificate; or(d)
Becomes responsible for, or in place of, another person described as an issuer in this section.(2)
With respect to an obligation on or defense to a security, a guarantor is an issuer to the extent of its guaranty, whether or not its obligation is noted on a security certificate.(3)
With respect to a registration of a transfer, issuer means a person on whose behalf transfer books are maintained.
Source:
Section 678.2011 — Issuer, https://www.flsenate.gov/Laws/Statutes/2024/0678.2011 (accessed Aug. 7, 2025).