Virginia § 8.8A-406 Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate

Virginia Statutes

§ 8.8A-406 — Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate

Virginia § 8.8A-406

Title 8.8ACOMMERCIAL CODE — INVESTMENT SECURITIES

Part 4REGISTRATION

This text of Virginia § 8.8A-406 (Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Va. Code Ann. § 8.8A-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 § 8.8A-404 or a claim to a new security certificate under § 8.8A-405.

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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 § 8.8A-404 or a claim to a new security certificate under § 8.8A-405.