{"data":{"id":"us-ks/k.s.a.-84-8-401","jurisdiction":"us-ks","citation":"K.S.A. 84-8-401","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 indorsement 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 that the indorsement or instruction is genuine and authorized (K.S.A. 84-8-402);\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 K.S.A. 84-8-204;\n(6) a demand that the issuer not register transfer has not become effective under K.S.A. 84-8-403, or the issuer has complied with subsection (b) of K.S.A. 84-8-403 but no legal process or indemnity bond is obtained as provided in subsection (d) of K.S.A. 84-8-403; 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":["Chapter 84.—UNIFORM COMMERCIAL CODE","Article 8.—INVESTMENT SECURITIES"],"source_url":"https://www.ksrevisor.gov/statutes/chapters/ch84/084_008_0401.html","current_through":"2025 legislative session","vintage":"","retrieved_at":"2026-09-04T15:15:37Z","sha256":"546fe5fc2c8c6c88913eddc7d641210f3d9415a50111f00019257eac0a59c643","source_id":"us-ks","stale":false,"prev":"us-ks/k.s.a.-84-8-307","next":"us-ks/k.s.a.-84-8-402"},"notice":"GroundRules: Original legal text. Not legal advice."}