Mont. Code § 30-8-416

Current through the 2023 Regular Session
Section 30-8-416 - 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 30-8-414 or a claim to a new security certificate under 30-8-415.

§ 30-8-416, MCA

En. Sec. 59, Ch. 536, L. 1997.