Mississippi § 75-8-405 - Replacement of lost, destroyed, or wrongfully taken security certificate.
Full text of Mississippi Mississippi Code of 1972 Annotated § 75-8-405 — Replacement of lost, destroyed, or wrongfully taken security certificate., with citation guidance and answers to common questions.
§ 75-8-405. Replacement of lost, destroyed, or wrongfully taken security certificate.
If 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 Section 75-8-210. 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.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 75-8-405
What does Mississippi Code of 1972 Annotated § 75-8-405 cover?
Section 75-8-405 ("Replacement of lost, destroyed, or wrongfully taken security certificate.") is part of the Mississippi Code of 1972 Annotated, the codified statutory law of Mississippi. 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 Mississippi § 75-8-405?
A common citation format is "Mississippi Code of 1972 Annotated § 75-8-405" (Mississippi). 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 Mississippi law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Mississippi official source linked on this page or consult a licensed Mississippi attorney.
How does Mississippi § 75-8-405 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Mississippi 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 Mississippi.