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

Neb. U.C.C. § 8-406
in effect
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UCC 8-406. Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate. 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 section 8-404 or a claim to a new security certificate under section 8-405. Laws 1995, LB 97, § 43.
Source: Nebraska Legislature (nebraskalegislature.gov)URL: https://nebraskalegislature.gov/laws/ucc.php?code=8-406Fetched: 10/20/2026

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