§490:8-307  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. [L 1997, c 33, pt of §2]