Recovery of securities or value by owner.

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(1) A person that makes a valid claim under this article 13 of ownership of a security is entitled to receive:

  1. The security the holder delivered to the administrator, if it is in the custody of theadministrator, plus dividends, interest, and other increments on the security up to the time the administrator delivers the security to the person; or

  2. The net proceeds of the sale of the security, plus dividends, interest, and other increments on the security up to the time the security was sold.

Source: L. 2019: Entire article R&RE, (SB 19-088), ch. 110, p. 436, § 1, effective July 1, 2020.


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