yourstate.us
Home / Texas / Business & Commerce Code
Tex. Business & Commerce Code § 8.406

OBLIGATION TO NOTIFY ISSUER OF LOST, DESTROYED, OR WRONGFULLY TAKEN SECURITY CERTIFICATE

Texas · Texas Business & Commerce Code · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Tex. Business & Commerce Code § 8.406, OBLIGATION TO NOTIFY ISSUER OF LOST, DESTROYED, OR WRONGFULLY TAKEN SECURITY CERTIFICATE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/630208
Permanent ID
ys:prov:630208@1
SHA-256
8a3f7fc548c699becdba9b6b8b6bc2c2680dd2e7da7b88be82b5d7dd89e09d26

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

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.