47-8307. Purchaser's right to requisites for registration of transfer
Unless otherwise agreed, the transferor of a security on due demand shall supply the purchaser with proof of authority to transfer or with any other requisite necessary to obtain registration of the transfer of the security, but if the transfer is not for value, a transferor need not comply unless the purchaser pays the necessary expenses. If the transferor fails within a reasonable time to comply with the demand, the purchaser may reject or rescind the transfer.
Section: Previous 47-8210 47-8301 47-8302 47-8303 47-8304 47-8305 47-8306 47-8307 47-8401 47-8402 47-8403 47-8404 47-8405 47-8406 47-8407 NextLast modified: October 13, 2016