North Carolina § 25-8-406 - Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate.
Full text of North Carolina North Carolina General Statutes § 25-8-406 — Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate., with citation guidance and answers to common questions.
§ 25-8-406. 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 G.S. 25-8-404 or a claim to a new security certificate under G.S. 25-8-405 . History (1965, c. 700, s. 1; 1989, c. 588, s. 1; 1997-181, s. 1.)
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 25-8-406
What does North Carolina General Statutes § 25-8-406 cover?
Section 25-8-406 ("Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. 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 North Carolina § 25-8-406?
A common citation format is "North Carolina General Statutes § 25-8-406" (North Carolina). 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 North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 25-8-406 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina 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 North Carolina.