---
title: O.C.G.A. § 11-8-406. Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate.
collection: code
id: 11-8-406
cite_as: O.C.G.A. § 11-8-406 (2025)
canonical_url: https://georgiacommons.org/code/11-8-406
md_url: https://georgiacommons.org/code/11-8-406.md
text_url: https://georgiacommons.org/code/11-8-406/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t11-(v9)-2022-pdf.pdf?sfvrsn=b5451bbd_0#page=692
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/11-8.md
previous: https://georgiacommons.org/code/11-8-405.md
next: https://georgiacommons.org/code/11-8-407.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: COMMERCIAL CODE / INVESTMENT SECURITIES / REGISTRATION
---

# O.C.G.A. § 11-8-406. 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 Code Section 11-8-404 or a claim to a new security certificate under Code Section 11-8-405.

## History

Code 1981, § 11-8-406, enacted by Ga. L. 1998, p. 1323, § 1.