Oregon § 78.4060 Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate

Oregon Statutes

§ 78.4060 — Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate

Oregon § 78.4060

Vol.2

Title 8Commercial Transactions

Ch. 78Investment Securities

This text of Oregon § 78.4060 (Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 78.4060 (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 ORS 78.4040 or a claim to a new security certificate under ORS 78.4050.

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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 ORS 78.4040 or a claim to a new security certificate under ORS 78.4050.