2019 Alaska Statutes
Title 45. Trade and Commerce
Chapter 08. Investment Securities
Article 3. Purchase.
Sec. 45.08.307. Purchaser's right to requisites for registration of transfer.

Universal Citation: AK Stat § 45.08.307 (2019)

Unless otherwise agreed, the transferor of a security on due demand shall supply the purchaser with proof of authority to transfer or with any other requisite necessary to obtain registration of the transfer of the security, but if the transfer is not for value, a transferor does not need to comply unless the purchaser pays the necessary expenses. If the transferor fails within a reasonable time to comply with the demand, the purchaser may reject or rescind the transfer.

Disclaimer: These codes may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.