Lost Certificates; Replacement.

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

History:

2003 c 105 art 1 s 58


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