New Jersey § 12A:8-406 Obligation to Notify Issuer of Lost, Destroyed, or Wrongfully Taken Security Certificate.

New Jersey Statutes

§ 12A:8-406 — Obligation to Notify Issuer of Lost, Destroyed, or Wrongfully Taken Security Certificate.

New Jersey § 12A:8-406

Title 12ACOMMERCIAL TRANSACTIONS

This text of New Jersey § 12A:8-406 (Obligation to Notify Issuer of Lost, Destroyed, or Wrongfully Taken Security Certificate.) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 12A: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 12A:8-404 or a claim to a new security certificate under 12A:8-405. L.1997,c.252,s.1.

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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 12A:8-404 or a claim to a new security certificate under 12A:8-405. L.1997,c.252,s.1.