Alaska § 45.08.401 - Duty of issuer to register transfer.
Full text of Alaska Alaska Statutes § 45.08.401 — Duty of issuer to register transfer., with citation guidance and answers to common questions.
§ 45.08.401. Duty of issuer to register transfer.
(a) If a certificated security in registered form is presented to the issuer with a request to register transfer or an instruction is presented to the issuer with a request to register transfer of an uncertificated security, the issuer shall register the transfer as requested if (1) under the terms of the security the person seeking registration of transfer is eligible to have the security registered in the person's name;
(2) the endorsement or instruction is made by the appropriate person or by an agent who has actual authority to act on behalf of the appropriate person;
(3) reasonable assurance is given under AS 45.08.402 that the endorsement or instruction is genuine and authorized;
(4) applicable law relating to the collection of taxes has been complied with;
(5) the transfer does not violate a restriction on transfer imposed by the issuer under AS 45.08.204 ;
(6) a demand that the issuer not register transfer has not become effective under AS 45.08.403 , or the issuer has complied with AS 45.08.403 (b) but legal process or indemnity bond is not obtained under AS 45.08.403 (d); and
(7) the transfer is in fact rightful or is to a protected purchaser.
(b) If an issuer is under a duty to register a transfer of a security, the issuer is liable to a person presenting a certificated security or an instruction for registration or to the person's principal for loss resulting from an unreasonable delay in registration or failure or refusal to register the transfer.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 45.08.401
What does Alaska Statutes § 45.08.401 cover?
Section 45.08.401 ("Duty of issuer to register transfer.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 45.08.401?
A common citation format is "Alaska Statutes § 45.08.401" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 45.08.401 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.