<br><br> <br>Page 1 of 1 <br>66.181 Registration of coupon bonds -- Transfers. <br>(1) An issuer may register any coupon bond registrable as to principal upon the request <br>of the owner or holder. Thereafter, no transfer shall be valid unless the transfer is <br>entered on the records of the issuer and similarly noted on the bond, and the bond <br>may be discharged from registration by being in like manner transferred to bearer <br>and thereupon the bond may be transferred by delivery. <br>(2) Registration of a coupon bond as to principal does not affect the negotiability of the <br>appertaining coupons. A negotiable coupon is transferable by delivery whether or <br>not the principal of the bond to which it appertains is registered. <br>(3) A reasonable fee may be charged as compensation for the expense of this <br>registration. <br>Effective: July 15, 1996 <br>History: Created 1996 Ky. Acts ch. 280, sec. 18, effective July 15, 1996. <br><br>