{"data":{"id":"us-nh/rsa-382-a-8-508","jurisdiction":"us-nh","citation":"RSA 382-A:8-508","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(1) the securities intermediary acts as agreed upon by the entitlement holder and the securities intermediary; or\n(2) 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 XXXIV-A: UNIFORM COMMERCIAL CODE","Chapter Part 5: Security Entitlements"],"source_url":"https://gc.nh.gov/rsa/html/XXXIV-A/382-A/382-A-8-508.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T15:43:59Z","sha256":"c74f0c411f2e5215cccd7c604dffaed86e4533ce57d6f6d99a6c60e1bedcb5d6","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-382-a-8-507","next":"us-nh/rsa-382-a-8-509"},"notice":"GroundRules: Original legal text. Not legal advice."}
