D.C. Code § 28:8-406

Current through codified legislation effective September 18, 2024
Section 28:8-406 - 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 § 28:8-404 or a claim to a new security certificate under § 28:8-405.

D.C. Code § 28:8-406

Apr. 9, 1997, D.C. Law 11-240, § 2, 44 DCR 1087.