Michigan Compiled Laws 174-1962-8-4 Part 4 Registration (440.8401...440.8408)
- Section 440.8401 Registration Of Transfer; Duty And Liability Of Issuer.
(1) If a certificated security in registered form is presented to an issuer with a request to register transfer or an instruction is presented...
- Section 440.8402 Indorsement As Genuine And Authorized; Assurance; Definitions.
(1) The issuer may require the following assurance that each necessary indorsement or each instruction is genuine and authorized: (a) In all cases, a...
- Section 440.8403 Demand; Effect; Notification; Period Of Time; Liability Of Issuer.
(1) A person who is an appropriate person to make an indorsement or originate an instruction may demand that the issuer not register transfer...
- Section 440.8404 Liability Of Issuer For Wrongful Registration Or Transfer.
(1) Except as otherwise provided in section 8406, an issuer is liable for wrongful registration of transfer if the issuer has registered a transfer...
- Section 440.8405 Lost, Destroyed, Or Wrongfully Taken Securities.
(1) If an owner of a certificated security, whether in registered or bearer form, claims that the certificate has been lost, destroyed, or wrongfully...
- Section 440.8406 Lost, Destroyed, Or Wrongfully Taken Security Certificate; Failure To Notify Issuer.
If a security certificate has been lost, apparently destroyed, or wrongfully taken, and the owner fails to notify the issuer of that fact within...
- Section 440.8407 Authenticating Trustee, Transfer Agent, Registrar, Or Other Agent; Obligation To Holder Or Owner Of Certificate.
A person acting as authenticating trustee, transfer agent, registrar, or other agent for an issuer in the registration of a transfer of its securities,...
- Section 440.8408 Repealed. 1998, Act 278, Imd. Eff. July 27, 1998.
Compiler's Notes: The repealed section pertained to written statements sent by issuer to new registered owner.
Last modified: October 10, 2016