There Is a Newer Version
of
the Pennsylvania Consolidated Statutes
2012 Pennsylvania Consolidated Statutes
Title 13 - COMMERCIAL CODE
Chapter 83 - Transfer of Certificated and Uncertificated Securities
Section 8307 - Purchaser's right to requisites for registration of transfer
§ 8307. Purchaser's right to requisites for registration of
transfer.
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 need not 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.
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