Minnesota § 336.8-307 336.8-307 PURCHASER'S RIGHT TO REQUISITES FOR REGISTRATION OF TRANSFER.

Minnesota Statutes

§ 336.8-307 — 336.8-307 PURCHASER'S RIGHT TO REQUISITES FOR REGISTRATION OF TRANSFER.

Minnesota § 336.8-307

PartTRADE REGULATIONS, CONSUMER PROTECTION

Ch. 336UNIFORM COMMERCIAL CODE

This text of Minnesota § 336.8-307 (336.8-307 PURCHASER'S RIGHT TO REQUISITES FOR REGISTRATION OF TRANSFER.) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 336.8-307 (2026).

Text

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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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.