{"data":{"id":"us-az/a.r.s.-47-8508","jurisdiction":"us-az","citation":"A.R.S. § 47-8508","heading":"Duty of securities intermediary to change entitlement holder's position to other form of security holding","body":"A securities intermediary shall act at the direction of an entitlement holder to change a security entitlement into another available form of holding for which the entitlement holder is eligible, or to cause the financial asset to be transferred to a securities account of the entitlement holder with another securities intermediary. A securities intermediary satisfies the duty if:\n\n1. The securities intermediary acts as agreed upon by the entitlement holder and the securities intermediary; or\n\n2. In the absence of agreement, the securities intermediary exercises due care in accordance with reasonable commercial standards to follow the direction of the entitlement holder.","path":["Title 47 Weights and Measures"],"source_url":"https://www.azleg.gov/ars/47/08508.htm","current_through":"57th Legislature, 2nd Regular Session (effective 2027-01-01); mirror section count 24991","vintage":"2026-09-15","retrieved_at":"2026-09-26T04:29:04Z","sha256":"8c8cfbaa2cce3d1bb395a409bc9c9bc89864812e62b1ee565c90ff554823a6ec","source_id":"us-az","stale":false,"prev":"us-az/a.r.s.-47-8507","next":"us-az/a.r.s.-47-8509"},"notice":"GroundRules: Original legal text. Not legal advice."}