Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
- Search Minnesota Statutes
- About Minnesota Statutes
- 2006 Statutes New, Amended or Repealed
- 2006 Table of Chapters
- 2006 Statutes Topics (Index)
Chapter 336
Section 336.8-406
Topics
Recent History
- 1995 336.8-406 Repealed 1995 c 194 art 1 s 53
- 1995 336.8-406 New 1995 c 194 art 1 s 39
This is an historical version of this statute chapter. Also view the most recent published version.
336.8-406 MS 1994 [Repealed, 1995 c 194 art 1 s 53]
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.
History: 1995 c 194 art 1 s 39
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.
History: 1995 c 194 art 1 s 39
Official Publication of the State of Minnesota
Revisor of Statutes