Uniform Commercial Code 

Louisiana Laws > Revised Statutes > Title 10 > § 10:8-307 - 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.

Added by Acts 1978, No. 165, §1, eff. Jan. 1, 1979. Acts 1989, No. 135, §6, eff. Jan. 1, 1990; Acts 1995, No. 884, §1, eff. Jan. 1, 1996.

________________________________________________________________________

Questions & Answers: Uniform Commercial Code

how do you over come a person that is in wrongful possession of the note and is trying to enforce it( foreclosure) ...

The developer of a condominium votes units that have not been built even though there has not been any development for 7 years. The articles of declaration & bylaws specifically s...

Does this code section apply to services as well? If you enter into a contract with a service provider where the services are not determined and therefore the price of said service...

In a short sale is the bank required to counter offer in writing according to Missouri law?...

a company in price served me with a court letter stating i must show up for court and answer questions but i have not been contacted from them at all should they not try to contact...

Please we would like to know who is responsible to Authenticates warehouse receipt in any country ?...

Louisiana Laws: Uniform Commercial Code

Comments (0)