{"data":{"id":"us-sd/sdcl-57a-8-406","jurisdiction":"us-sd","citation":"SDCL § 57A-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 § 57A-8-404 or a claim to a new security certificate under § 57A-8-405.\nSource: SL 1998, ch 284, § 1.","path":["TITLE 57A. UNIFORM COMMERCIAL CODE","CHAPTER 57A-8. INVESTMENT SECURITIES"],"source_url":"https://sdlegislature.gov/Statutes/57A-8-406","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"db701fe3016544bae9a200691b709217376394a8686f0c1fc1a3499e6db57715","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-57a-8-405","next":"us-sd/sdcl-57a-8-407"},"notice":"GroundRules: Original legal text. Not legal advice."}