{"data":{"id":"us-nc/n.c.-gen.-stat.-25-8-406","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 25-8-406","heading":"Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate.","body":"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 G.S. 25-8-404 or a claim to a new security certificate under G.S. 25-8-405. (1965, c. 700, s. 1; 1989, c. 588, s. 1; 1997-181, s. 1.)","path":["Chapter 25. Uniform Commercial Code.","Article 8. Investment Securities.","Part 4. Registration."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25/GS_25-8-406.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:47Z","sha256":"a19ce68ff517c854b1e8d1fa6b160f7f3fbecd8dc3058ad46bb99a07edf4b45a","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-25-8-405","next":"us-nc/n.c.-gen.-stat.-25-8-407"},"notice":"GroundRules: Original legal text. Not legal advice."}