A corporation may issue a new certificate of stock or uncertificated shares in place
of any certificate theretofore issued by it, alleged to have been lost, stolen or
destroyed, and the corporation may require the owner of the allegedly lost, stolen
or destroyed certificate, or such owner's legal representative, to give the corporation
a bond sufficient to indemnify it against any claim that may be made against it on
account of the alleged loss, theft or destruction of any such certificate or the issuance
of such new certificate or uncertificated shares.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Response sent, thank you
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.