Iowa Code § 554.8307

Current through bills signed by governor as of 5/17/2024
Section 554.8307 - 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.

Iowa Code § 554.8307

S13, §3060-a49; C24, 27, 31, 35, 39, §9509; C46, § 541.49; C50, 54, 58, 62, § 493A.9, 541.49; C66, 71, 73, 75, 77, 79, 81, § 554.8307 89 Acts, ch 113, §22; 96 Acts, ch 1138, §40, 84