Title 104 · NRS Chapter 104

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

Citation: NRS 104.8406

Section: 104.104.8406

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 )