Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate.

NRS 104.8406, under UNIFORM COMMERCIAL CODE—ORIGINAL ARTICLES.

NRS 104.8406

NRS 104.8406 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 NRS 104.8404 or a claim to a new security certificate under NRS 104.8405. (Added to NRS by 1997, 366)