2000 Minnesota Statutes

  336.8-406 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 
 section 336.8-404 or a claim to a new security certificate under 
 section 336.8-405.  

    HIST: 1995 c 194 art 1 s 39