Subdivision 1.Issuance.

A new membership interest certificate may be issued under section 336.8-405 in place of one that is alleged to have been lost, stolen, or destroyed.

Subd. 2.Not overissue.

lawyer at desk

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

The issuance of a new certificate under this section does not constitute an overissue of the membership interests it represents.