Corporation, governmental bodies, and other entities that issue and distribute securities. With respect to obligations on or defenses to investment securities "issuer" includes a person who:
(a) places or authorizes the placing of his name on a security (otherwise than as authenticating trustee, registrar, transfer agent or the like) to evidence that it represents a share, participation or other interest in his property or in an enterprise or to evidence his duty to perform an obligation evidenced by the security; or
(b) directly or indirectly creates fractional interests in his rights or property which fractional interests are evidenced by securities; or
(c) becomes responsible for or in place of any other person described as an issuer in this section. U.C.C. No. 8-201(1).
Every person who issues or proposes to issue any securities; generally the legal entity owning the securities and which has the responsibility for causing the same to be offered publicly or privately.
See also issue (Securities).
As regards letters of credit, means a bank or other person issuing a credit. U.C.C. No. 5-103(lXc).
As regards documents of title, means a bailee who issues a document except that in relation to an unaccepted delivery order it means the person who orders the possessor of goods to deliver. Issuer includes any person for whom an agent or employee purports to act in issuing a document if the agent or employee has real or apparent authority to issue documents, notwithstanding that the issuer received no goods or that the goods were misdescribed or that in any other respect the agent or employee violated his instructions. U.C.C. No. 7-102(g)

Black's law dictionary. . 1990.