New York § 8-406 Obligation to Notify Issuer of Lost, Destroyed, or Wrongfully taken Security Certificate

New York Statutes

§ 8-406 — Obligation to Notify Issuer of Lost, Destroyed, or Wrongfully taken Security Certificate

New York § 8-406

Law UCCUniform Commercial Code

Part 4Registration

Art. 8Investment Securities

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

Bluebook

N.Y. Uniform Commercial Code § 8-406 (2026).

Text

Section 8--406. Obligation to Notify Issuer of Lost, Destroyed, or\n                  Wrongfully taken Security Certificate.\n  If a security certificate has been lost, apparently destroyed, or\nwrongfully taken, and the owner fails to notify the issuer of that fact\nwithin a reasonable time after the owner has notice of it and the issuer\nregisters a transfer of the security before receiving notification, the\nowner may not assert against the issuer a claim for registering the\ntransfer under Section 8--404 or a claim to a new security certificate\nunder Section 8--405.\n

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Section 8--406. Obligation to Notify Issuer of Lost, Destroyed, or\n Wrongfully taken Security Certificate.\n If a security certificate has been lost, apparently destroyed, or\nwrongfully taken, and the owner fails to notify the issuer of that fact\nwithin a reasonable time after the owner has notice of it and the issuer\nregisters a transfer of the security before receiving notification, the\nowner may not assert against the issuer a claim for registering the\ntransfer under Section 8--404 or a claim to a new security certificate\nunder Section 8--405.\n