Montana § 30-8-416 Obligation To Notify Issuer Of Lost, Destroyed, Or Wrongfully Taken Security Certificate

Montana Statutes

§ 30-8-416 — Obligation To Notify Issuer Of Lost, Destroyed, Or Wrongfully Taken Security Certificate

Montana·Title 30 TRADE AND COMMERCE·Ch. 8 UNIFORM COMMERCIAL CODE INVESTMENT SECURITIES·Part 4 Registration

30-8-416 . 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 30-8-414 or a claim to a new security certificate under 30-8-415 .

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30-8-416 . 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 30-8-414 or a claim to a new security certificate under 30-8-415 .

Montana § 30-8-416 (Obligation To Notify Issuer Of Lost, Destroyed, Or Wrongfully Taken Security Certificate) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.