{"data":{"id":"us-wv/w.-va.-code-46-8-508","jurisdiction":"us-wv","citation":"W. Va. Code § 46-8-508","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":["CHAPTER 46. UNIFORM COMMERCIAL CODE.","ARTICLE 8. INVESTMENT SECURITIES."],"source_url":"https://code.wvlegislature.gov/46-8-508/","current_through":"as of 2026-08-03; contains at least the enactments of the 2026 Regular Session","vintage":"","retrieved_at":"2026-09-06T00:29:53Z","sha256":"af0bfcb2657cdb262259080d25ed74fa897a27b998d1a94abf9a98a33e4e1b84","source_id":"us-wv","stale":true,"prev":"us-wv/w.-va.-code-46-8-507","next":"us-wv/w.-va.-code-46-8-509"},"notice":"GroundRules: Original legal text. Not legal advice."}