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

Va. Code Ann. § 8.8A-406
in effect
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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 . 1996, c. 216 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/8.8A-406/Fetched: 10/17/2026

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