{"data":{"id":"us-il/810-ilcs-5-8-406","jurisdiction":"us-il","citation":"810 ILCS 5/8-406","heading":"","body":"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 8-404 or a claim to a new security certificate under Section 8-405.","path":["CHAPTER 810 COMMERCIAL CODE","Uniform Commercial Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2301\u0026ChapterID=66\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:47Z","sha256":"9498802a9d93b50c3d441a5b4a4e1fd24687a5a77d44f96024f2fd6235491d53","source_id":"us-il","stale":false,"prev":"us-il/810-ilcs-5-8-405","next":"us-il/810-ilcs-5-8-407"},"notice":"GroundRules: Original legal text. Not legal advice."}