Nevada § 104.8404 - Wrongful registration
Full text of Nevada Nevada Revised Statutes § 104.8404 — Wrongful registration, with citation guidance and answers to common questions.
§ 104.8404. Wrongful registration
1. Except as otherwise provided in NRS 104.8406 , an issuer is liable for wrongful registration of transfer if the issuer has registered
a transfer of a security to a person not entitled to it, and the transfer was registered: (a) Pursuant to an ineffective endorsement or instruction; (b) After a demand that the issuer not register transfer became effective under subsection
1 of NRS 104.8403 and the issuer did not comply with subsection 2 of NRS 104.8403 ; (c) After the issuer had been served with an injunction, restraining order or other
legal process enjoining it from registering the transfer, issued by a court of competent
jurisdiction, and the issuer had a reasonable opportunity to act on the injunction,
restraining order or other legal process; or (d) By an issuer acting in collusion with the wrongdoer. 2. An issuer that is liable for wrongful registration of transfer under subsection
1 on demand shall provide the person entitled to the security with a like certificated
or uncertificated security and any payments or distributions that the person did not
receive as a result of the wrongful registration. If an overissue would result, the issuer's liability to provide the person with a
like security is governed by NRS 104.8210 . 3. Except as otherwise provided in subsection 1 or in a law relating to the collection
of taxes, an issuer is not liable to an owner or any other person suffering loss as
a result of the registration of transfer of a security if registration was made pursuant
to an effective endorsement or instruction.
Frequently Asked Questions About Nevada § 104.8404
What does Nevada Revised Statutes § 104.8404 cover?
Section 104.8404 ("Wrongful registration") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. 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 Nevada § 104.8404?
A common citation format is "Nevada Revised Statutes § 104.8404" (Nevada). 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 Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 104.8404 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada 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 Nevada.