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 NRS 104.8404 or a claim to a new security certificate under NRS 104.8405.
NRS 104.8406
Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate
Known as the Uniform Commercial Code
The act spans §§ 104.1101–104.9717 (489 sections).
(Added to NRS by 1997, 366)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.