Arkansas § 4-8-406 - Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate.
Full text of Arkansas Arkansas Code of 1987 Annotated § 4-8-406 — Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate., with citation guidance and answers to common questions.
§ 4-8-406. 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 § 4-8-404 or a claim to a new security certificate under § 4-8-405 .
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 4-8-406
What does Arkansas Code of 1987 Annotated § 4-8-406 cover?
Section 4-8-406 ("Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 4-8-406?
A common citation format is "Arkansas Code of 1987 Annotated § 4-8-406" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 4-8-406 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.