Oregon Statutes 78.4060 – Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate
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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 ORS § 78.4040 or a claim to a new security certificate under ORS § 78.4050. [1961 c.726 § 78.4060; 1985 c.676 § 78.4060; 1995 c.328 § 39]
