Lost Share Certificates; Replacement.

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Subdivision 1. Issuance. A new share certificate may be issued pursuant to section 336.8-405 in place of one that is alleged to have been lost, stolen, or destroyed.

Subd. 2. Not overissue. The issuance of a new certificate under this section does not constitute an overissue of the shares it represents.

History:

1981 c 270 s 61


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