{"data":{"id":"us-nv/nrs-104.8401","jurisdiction":"us-nv","citation":"NRS 104.8401","heading":"Duty of issuer to register transfer.","body":"1. 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, pledge or release as requested if:\n(a) Under the terms of the security, the person seeking registration of transfer is eligible to have the security registered in his or her name;\n(b) 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(c) Reasonable assurance is given that the endorsement or instruction is genuine and authorized;\n(d) Any applicable law relating to the collection of taxes has been complied with;\n(e) The transfer does not violate any restriction on transfer imposed by the issuer in accordance with NRS 104.8204;\n(f) A demand that the issuer not register transfer has not become effective under NRS 104.8403, or the issuer has complied with subsection 2 of that section but no legal process or indemnity bond is obtained as provided in subsection 4 of that section; and\n(g) The transfer is in fact rightful or is to a protected purchaser.\n2. If an issuer is under a duty to register a transfer of a security, the issuer is liable to the person presenting a certificated security or an instruction for registration or his or her principal for loss resulting from unreasonable delay in registration or failure or refusal to register the transfer.","path":["TITLE 8 — COMMERCIAL INSTRUMENTS AND TRANSACTIONS","CHAPTER 104 - UNIFORM COMMERCIAL CODE—ORIGINAL ARTICLES","INVESTMENT SECURITIES","Registration"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-104.html#NRS104Sec8401","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:31Z","sha256":"116dd715d18dfd3e6d326a07ef9e56e28b52f72db987039c642d9f348e4315d7","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-104.8307","next":"us-nv/nrs-104.8402"},"notice":"GroundRules: Original legal text. Not legal advice."}