{"data":{"id":"us-ct/conn.-gen.-stat.-42a-8-401","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 42a-8-401","heading":"Duty of issuer to register transfer.","body":"(a) If a certificated security in registered form is presented to an issuer with a request to register transfer or an instruction is presented to an issuer with a request to register transfer of an uncertificated security, the issuer shall register the transfer as requested if:\n(1) Under the terms of the security the person seeking registration of transfer is eligible to have the security registered in its name;\n(2) The endorsement or instruction is made by the appropriate person or by an agent who has actual authority to act on behalf of the appropriate person;\n(3) Reasonable assurance is given as provided in section 42a-8-402 that the endorsement or instruction is genuine and authorized;\n(4) Any applicable law relating to the collection of taxes has been complied with;\n(5) The transfer does not violate any restriction on transfer imposed by the issuer in accordance with section 42a-8-204;\n(6) A demand that the issuer not register transfer has not become effective under section 42a-8-403, or the issuer has complied with subsection (b) of section 42a-8-403 but no legal process or indemnity bond is obtained as provided in subsection (d) of section 42a-8-403; and\n(7) The transfer is in fact rightful or is to a protected purchaser.\n(b) If an issuer is under a duty to register a transfer of a security, the issuer is liable to a person presenting a certificated security or an instruction for registration or to the person's principal for loss resulting from unreasonable delay in registration or failure or refusal to register the transfer.","path":["TITLE 42a. UNIFORM COMMERCIAL CODE","ARTICLE 8*. INVESTMENT SECURITIES","PART 4. REGISTRATION"],"source_url":"https://www.cga.ct.gov/current/pub/art_008.htm#sec_42a-8-401","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:07:15Z","sha256":"41f6c90490e2b689d6bcd492cae149cbcfb1dc957772da87db3fba484402c726","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-42a-8-308-to-42a-8-321","next":"us-ct/conn.-gen.-stat.-42a-8-402"},"notice":"GroundRules: Original legal text. Not legal advice."}