§ 57a-8-406

57A-8-406. 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 §57A-8-404 or a claim to a new security certificate under §57A-8-405. Source: SL 1998, ch 284, §1.