2011 Wisconsin Laws 408.406 – Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate
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408.406
408.406 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 § 408.404 or a claim to a new security certificate under § 408.405.