{"data":{"id":"us-ms/miss.-code-ann.-75-8-401","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 75-8-401","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 (Section 75-8-402);\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 Section 75-8-204;\n(6) A demand that the issuer not register transfer has not become effective under Section 75-8-403, or the issuer has complied with Section 75-8-403(b) but no legal process or indemnity bond is obtained as provided in Section 8-403(d); 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 75. Regulation of Trade, Commerce and Investments","Chapter 8. Uniform Commercial Code—Revised Article 8. Investment Securities","Part 4. Registration."],"source_url":"https://archive.org/download/gov.ms.code.ann.2018/release78.2020.07.08/gov.ms.code.title.75.odt","current_through":"2020-07-08","vintage":"Mississippi Code Release 78 (2020-07), retrieved 2026-09-17","retrieved_at":"2026-10-27T05:54:13Z","sha256":"b26a48b99c85dd084aa1464aaff1c221a2a1dbe9d10320dd0b18d980ea22822a","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-75-8-307","next":"us-ms/miss.-code-ann.-75-8-402","notices":[{"id":"open-us-law","title":"Open US Law compilation","text":"Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text.","url":"https://huggingface.co/datasets/vaquill/open-us-law","license_url":"https://creativecommons.org/licenses/by/4.0/"},{"id":"pro-ms","title":"Mississippi Release 78 supplement","text":"Mississippi electronic product files were republished by Public.Resource.Org under a public-domain dedication. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows.","url":"https://archive.org/details/gov.ms.code.ann.2018"}]},"notice":"GroundRules: Original legal text. Not legal advice."}
