Section 72-20-62 - Lost or destroyed securities

If lost or completely destroyed, any security may be reissued in the form and tenor of the lost or destroyed security upon the owner furnishing to the satisfaction of the board: A. proof of ownership; B. proof of loss or destruction; C. a surety bond in twice the face amount of the security and any coupons; and D. payment of the cost of preparing and issuing the new security. History: Laws 2007, ch. 99, § 62. ANNOTATIONSEmergency clauses. — Laws 2007, ch. 99, § 104 contained an emergency clause and was approved March 30, 2007.