{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/8.8A-307.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/8.8A-307.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/8.8A-307.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/8.8A-307.html"}],"law_id":378334,"edition_id":2,"section_id":378334,"structure_id":53760,"section_number":"8.8A-307","catch_line":"Purchaser’s right to requisites for registration of transfer","history":"1996, c. 216.","full_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.\n\n","order_by":null,"text":{"0":{"id":1411648,"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.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":53760,"edition_id":2,"name":"Transfer of Certificated and Uncertificated Securities","identifier":"3","label":"part","depth":2,"order_by":3,"parent_id":53757,"metadata":{"child_laws":7,"child_structures":0},"date_created":"2026-08-02 03:21:51","date_modified":"2026-08-02 12:28:35","permalink":{"id":1510723,"object_type":"structure","relational_id":53760,"identifier":"3","token":"8.8A\/3","url":"\/8.8A\/3\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53757,"edition_id":2,"name":"Commercial Code \u2014 Investment Securities","identifier":"8.8A","label":"title","depth":1,"order_by":28,"parent_id":null,"metadata":{"child_laws":52,"child_structures":6},"date_created":"2026-08-02 03:21:46","date_modified":"2026-08-02 12:28:35","permalink":{"id":1510613,"object_type":"structure","relational_id":53757,"identifier":"8.8A","token":"8.8A","url":"\/8.8A\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":378328,"structure_id":53760,"section_number":"8.8A-301","catch_line":"Delivery","url":"\/8.8A-301\/","token":"8.8A\/3\/8.8A-301","metadata":false},{"id":378329,"structure_id":53760,"section_number":"8.8A-302","catch_line":"Rights of purchaser","url":"\/8.8A-302\/","token":"8.8A\/3\/8.8A-302","metadata":false},{"id":378330,"structure_id":53760,"section_number":"8.8A-303","catch_line":"Protected purchaser","url":"\/8.8A-303\/","token":"8.8A\/3\/8.8A-303","metadata":false},{"id":378331,"structure_id":53760,"section_number":"8.8A-304","catch_line":"Endorsement","url":"\/8.8A-304\/","token":"8.8A\/3\/8.8A-304","metadata":false},{"id":378332,"structure_id":53760,"section_number":"8.8A-305","catch_line":"Instruction","url":"\/8.8A-305\/","token":"8.8A\/3\/8.8A-305","metadata":false},{"id":378333,"structure_id":53760,"section_number":"8.8A-306","catch_line":"Effect of guaranteeing signature, endorsement, or instruction","url":"\/8.8A-306\/","token":"8.8A\/3\/8.8A-306","metadata":false},{"id":378334,"structure_id":53760,"section_number":"8.8A-307","catch_line":"Purchaser's right to requisites for registration of transfer","url":"\/8.8A-307\/","token":"8.8A\/3\/8.8A-307","metadata":false}],"previous_section":{"id":378333,"structure_id":53760,"section_number":"8.8A-306","catch_line":"Effect of guaranteeing signature, endorsement, or instruction","url":"\/8.8A-306\/","token":"8.8A\/3\/8.8A-306","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/8.8A-307\/","history_text":"

This law was first created in 1996. The record of its establishment is cataloged in chapter 216<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":false,"permalink":{"id":1510749,"object_type":"law","relational_id":378334,"identifier":"8.8A-307","token":"8.8A\/3\/8.8A-307","url":"\/8.8A-307\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/8.8A-307\/","token":"8.8A\/3\/8.8A-307","dublin_core":{"Title":"Purchaser’s right to requisites for registration of transfer","Type":"Text","Format":"text\/html","Identifier":"\u00a7 8.8A-307","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

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.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPURCHASER’S RIGHT TO REQUISITES FOR REGISTRATION OF TRANSFER (\u00a7 8.8A-307)\n\nUnless otherwise agreed, the transferor of a security on due demand shall supply\nthe purchaser with proof of authority to transfer or with any other requisite\nnecessary to obtain registration of the transfer of the security, but if the\ntransfer is not for value, a transferor need not comply unless the purchaser\npays the necessary expenses. If the transferor fails within a reasonable time to\ncomply with the demand, the purchaser may reject or rescind the transfer.\n\nHISTORY: 1996, c. 216.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}