47-8406. Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate
If a security certificate has been lost, apparently destroyed or wrongfully taken, and the owner fails to notify the issuer of that fact within a reasonable time after the owner has notice of it and the issuer registers a transfer of the security before receiving notification, the owner may not assert against the issuer a claim for registering the transfer under section 47-8404 or a claim to a new security certificate under section 47-8405.
Section: Previous 47-8306 47-8307 47-8401 47-8402 47-8403 47-8404 47-8405 47-8406 47-8407 47-8501 47-8502 47-8503 47-8504 47-8505 47-8506 NextLast modified: October 13, 2016