{"data":{"id":"us-wa/rcw-62a.8-401","jurisdiction":"us-wa","citation":"RCW 62A.8-401","heading":"Duty of issuer to register transfer.","body":"(1) If a certificated security in registered form is presented to the issuer with a request to register transfer or an instruction is presented to the issuer with a request to register transfer of an uncertificated security, the issuer shall register the transfer 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 its name;\n(b) 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(c) Reasonable assurance is given that the indorsement or instruction is genuine and authorized (RCW 62A.8-402);\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 RCW 62A.8-204;\n(f) A demand that the issuer not register transfer has not become effective under RCW 62A.8-403, or the issuer has complied with RCW 62A.8-403(2) but no legal process or indemnity bond is obtained as provided in RCW 62A.8-403(4); and\n(g) The transfer is in fact rightful or is to a protected purchaser.\n(2) 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 62A","Chapter 62A.8"],"source_url":"https://app.leg.wa.gov/rcw/default.aspx?cite=62A.8-401","current_through":"July 15, 2026","vintage":"","retrieved_at":"2026-09-06T03:39:20Z","sha256":"f95907813279c6af5d0ebee4f9763beb9a15f2bcbfbe732ba2e178896da2ecd5","source_id":"us-wa","stale":false,"prev":"us-wa/rcw-62a.8-307","next":"us-wa/rcw-62a.8-402"},"notice":"GroundRules: Original legal text. Not legal advice."}