Vt. Stat. tit. 9A § 8-406
Current through L. 2024, c. 185.
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 of this title or a claim to a new security certificate under section 8-405 of this title.
9A V.S.A. § 8-406