Iowa Code Title XIII. Commerce [Chs. 505-554D] § 554.8406. Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate
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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 section 554.8404 or a claim to a new security certificate under section 554.8405.
Cite this article: FindLaw.com - Iowa Code Title XIII. Commerce [Chs. 505-554D] § 554.8406. Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate - last updated January 01, 2020 | https://codes.findlaw.com/ia/title-xiii-commerce-chs-505-554d/ia-code-sect-554-8406.html
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