13 Pa. C.S. § 8307

Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 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.

13 Pa.C.S. § 8307

1996, May 22, P.L. 248, No. 44, § 8, effective in 180 days.