N.D. Cent. Code § 41-08-39
Current through 2024 Legislative Session
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 41-08-37 or a claim to a new security certificate under section 41-08-38.
N.D.C.C. § 41-08-39