{"data":{"id":"us-ny/n.y.-uniform-commercial-code-law-8-307","jurisdiction":"us-ny","citation":"N.Y. Uniform Commercial Code Law § 8-307","heading":"Purchaser's Right to Requisites for Registration of Transfer","body":"Section 8--307. Purchaser's Right to Requisites for Registration of\n                  Transfer.\n  Unless otherwise agreed, the transferor of a security on due demand\nshall supply the purchaser with proof of authority to transfer or with\nany other requisite necessary to obtain registration of the transfer of\nthe security, but if the transfer is not for value, a transferor need\nnot comply unless the purchaser pays the necessary expenses. If the\ntransferor fails within a reasonable time to comply with the demand, the\npurchaser may reject or rescind the transfer.","path":["Uniform Commercial Code Law","Article 8. Investment Securities","Part 3. Transfer of Certificated and Uncertificated Securities"],"source_url":"https://legislation.nysenate.gov/api/3/laws/UCC/8-307","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"628151388c96056970ee51ff0a9b00ba8e898daaa2cec81d30f10f9be5b45c09","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-uniform-commercial-code-law-8-306","next":"us-ny/n.y.-uniform-commercial-code-law-8-401"},"notice":"GroundRules: Original legal text. Not legal advice."}