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3593 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Fourteen - Private Corporations (§§ 1 — 4084)/
  5. Subtitle 5 - General Corporations Act (2009)/
  6. Chapter 225/
  7. 3593
Puerto Rico Legal Code

3593

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The corporation may issue new share certificates or new uncertificated shares in lieu of any certificate issued by the same which has allegedly disappeared by loss, misappropriation, theft or destruction. The corporation may require the owner of the lost, misappropriated, stolen, or destroyed certificates, or the legal representative of such owner, to post a bond sufficient to compensate the corporation in the event that any claim may arise on account of the alleged loss, misappropriation, theft or destruction of such certificates or from the issuance of new certificates or uncertificated shares.\nHistory —Dec. 16, 2009, No. 164, § 5.13.