Tex. Bus. & Com. Code § 8.406
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
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 8.404 or a claim to a new security certificate under Section 8.405.
Tex. Bus. and Comm. Code § 8.406