District Of Columbia § 28:8-405 - Replacement of lost, destroyed, or wrongfully taken security certificate.
Full text of District Of Columbia D.C. Code § 28:8-405 — Replacement of lost, destroyed, or wrongfully taken security certificate., with citation guidance and answers to common questions.
§ 28:8-405. Replacement of lost, destroyed, or wrongfully taken security certificate.
28:8-405If an owner of a certificated security, whether in registered or bearer form, claims that the certificate has been lost, destroyed, or wrongfully taken, the issuer shall issue a new certificate if the owner:
So requests before the issuer has notice that the certificate has been acquired by a protected purchaser;
Files with the issuer a sufficient indemnity bond; and
Satisfies other reasonable requirements imposed by the issuer.
If, after the issue of a new security certificate, a protected purchaser of the original certificate presents it for registration of transfer, the issuer shall register the transfer unless an overissue would result. In that case, the issuer’s liability is governed by . In addition to any rights on the indemnity bond, an issuer may recover the new certificate from a person to whom it was issued or any person taking under that person, except a protected purchaser.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 28:8-405
What does D.C. Code § 28:8-405 cover?
Section 28:8-405 ("Replacement of lost, destroyed, or wrongfully taken security certificate.") is part of the D.C. Code, the codified statutory law of District Of Columbia. 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 District Of Columbia § 28:8-405?
A common citation format is "D.C. Code § 28:8-405" (District Of Columbia). 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 District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 28:8-405 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia 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 District Of Columbia.