Colo. Rev. Stat. § 4-8-406

Current through Acts effective through 6/7/2024 of the 2024 Legislative Session

Section 4-8-406 - 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 4-8-404 or a claim to a new security certificate under section 4-8-405.

C.R.S. § 4-8-406

L. 96: Entire article R&RE, p. 227, § 2, effective July 1.

This section is similar to former § 4-8-405 as it existed prior to 1996.