North Dakota § 41-08-39 (8-406) Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate

North Dakota Statutes

§ 41-08-39 — (8-406) Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate

North Dakota § 41-08-39

Title 41Uniform Commercial Code

Ch. 41-08Investment Securities

This text of North Dakota § 41-08-39 ((8-406) Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 41-08-39 (2026).

Text

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 41-08-37 or a
claim to a new security certificate under section 41-08-38.

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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 41-08-37 or a
claim to a new security certificate under section 41-08-38.