§490:8-307 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. [L 1997, c 33, pt of §2]
Section: Previous 490-8-210 490-8-301 490-8-302 490-8-303 490-8-304 490-8-305 490-8-306 490-8-307 490-8-401 490-8-402 490-8-403 490-8-404 490-8-405 490-8-406 490-8-407 NextLast modified: October 27, 2016