Georgia § 11-8-406 Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate

Georgia Statutes

§ 11-8-406 — Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate

Georgia § 11-8-406

Title11

This text of Georgia § 11-8-406 (Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

O.C.G.A. § 11-8-406 (2026).

Text

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 Code Section 11-8-404 or a claim to a new security certificate under Code Section 11-8-405 .

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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 Code Section 11-8-404 or a claim to a new security certificate under Code Section 11-8-405 .