{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/8.8A-405.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/8.8A-405.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/8.8A-405.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/8.8A-405.html"}],"law_id":74916,"edition_id":1,"section_id":74916,"structure_id":13422,"section_number":"8.8A-405","catch_line":"Replacement of lost, destroyed or wrongfully taken security certificate","history":"1996, c. 216.","full_text":"a\n\nIf an owner of a certificated security, whether in registered or bearer form, claims that the certificate has been lost, destroyed, or wrongfully taken, the issuer shall issue a new certificate if the owner:1\n\nso requests before the issuer has notice that the certificate has been acquired by a protected purchaser;2\n\nfiles with the issuer a sufficient indemnity bond; and3\n\nsatisfies other reasonable requirements imposed by the issuer.b\n\nIf, after the issue of a new security certificate, a protected purchaser of the original certificate presents it for registration of transfer, the issuer shall register the transfer unless an overissue would result. In that case, the issuer’s liability is governed by § 8.8A-210. In addition to any rights on the indemnity bond, an issuer may recover the new certificate from a person to whom it was issued or any person taking under that person, except a protected purchaser.","order_by":null,"text":{"0":{"id":269118,"text":"If an owner of a certificated security, whether in registered or bearer form, claims that the certificate has been lost, destroyed, or wrongfully taken, the issuer shall issue a new certificate if the owner:","type":"section","prefixes":["a"],"prefix":"a","entire_prefix":"a","prefix_anchor":"a","level":1,"next_prefix":"a1"},"1":{"id":269119,"text":"so requests before the issuer has notice that the certificate has been acquired by a protected purchaser;","type":"section","prefixes":["a","1"],"prefix":"1","entire_prefix":"a1","prefix_anchor":"a1","level":2,"prior_prefix":"a","next_prefix":"a2"},"2":{"id":269120,"text":"files with the issuer a sufficient indemnity bond; and","type":"section","prefixes":["a","2"],"prefix":"2","entire_prefix":"a2","prefix_anchor":"a2","level":2,"prior_prefix":"a1","next_prefix":"a3"},"3":{"id":269121,"text":"satisfies other reasonable requirements imposed by the issuer.","type":"section","prefixes":["a","3"],"prefix":"3","entire_prefix":"a3","prefix_anchor":"a3","level":2,"prior_prefix":"a2","next_prefix":"b"},"4":{"id":269122,"text":"If, after the issue of a new security certificate, a protected purchaser of the original certificate presents it for registration of transfer, the issuer shall register the transfer unless an overissue would result. In that case, the issuer’s liability is governed by § 8.8A-210. In addition to any rights on the indemnity bond, an issuer may recover the new certificate from a person to whom it was issued or any person taking under that person, except a protected purchaser.","type":"section","prefixes":["b"],"prefix":"b","entire_prefix":"b","prefix_anchor":"b","level":1,"prior_prefix":"a3"}},"ancestry":[{"id":13422,"edition_id":1,"name":"Registration","identifier":"4","label":"part","depth":2,"order_by":1,"parent_id":13421,"metadata":{},"date_created":"2026-06-26 03:44:52","date_modified":"2026-06-26 03:44:52","permalink":{"id":283751,"object_type":"structure","relational_id":13422,"identifier":"4","token":"8.8A\/4","url":"\/8.8A\/4\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13421,"edition_id":1,"name":"Commercial Code \u2014 Investment Securities","identifier":"8.8A","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:52","date_modified":"2026-06-26 03:44:52","permalink":{"id":283611,"object_type":"structure","relational_id":13421,"identifier":"8.8A","token":"8.8A","url":"\/8.8A\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":72366,"structure_id":13422,"section_number":"8.8A-401","catch_line":"Duty of issuer to register transfer","url":"\/8.8A-401\/","token":"8.8A\/4\/8.8A-401","metadata":false},{"id":56671,"structure_id":13422,"section_number":"8.8A-402","catch_line":"Assurance that endorsement or instruction is effective","url":"\/8.8A-402\/","token":"8.8A\/4\/8.8A-402","metadata":false},{"id":63193,"structure_id":13422,"section_number":"8.8A-403","catch_line":"Demand that issuer not register transfer","url":"\/8.8A-403\/","token":"8.8A\/4\/8.8A-403","metadata":false},{"id":55835,"structure_id":13422,"section_number":"8.8A-404","catch_line":"Wrongful registration","url":"\/8.8A-404\/","token":"8.8A\/4\/8.8A-404","metadata":false},{"id":74916,"structure_id":13422,"section_number":"8.8A-405","catch_line":"Replacement of lost, destroyed or wrongfully taken security certificate","url":"\/8.8A-405\/","token":"8.8A\/4\/8.8A-405","metadata":false},{"id":54390,"structure_id":13422,"section_number":"8.8A-406","catch_line":"Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate","url":"\/8.8A-406\/","token":"8.8A\/4\/8.8A-406","metadata":false},{"id":62041,"structure_id":13422,"section_number":"8.8A-407","catch_line":"Authenticating trustee, transfer agent, and registrar","url":"\/8.8A-407\/","token":"8.8A\/4\/8.8A-407","metadata":false}],"previous_section":{"id":55835,"structure_id":13422,"section_number":"8.8A-404","catch_line":"Wrongful registration","url":"\/8.8A-404\/","token":"8.8A\/4\/8.8A-404","metadata":false},"next_section":{"id":54390,"structure_id":13422,"section_number":"8.8A-406","catch_line":"Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate","url":"\/8.8A-406\/","token":"8.8A\/4\/8.8A-406","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/8.8A-405\/","history_text":"

This law was first created in 1996. The record of its establishment is cataloged in chapter 216<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":[{"id":54390,"section_number":"8.8A-406","catch_line":"Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate","order_by":null,"url":"\/8.8A-406\/"}],"refers_to":[{"id":65945,"section_number":"8.8A-210","catch_line":"Overissue","order_by":null,"url":"\/8.8A-210\/"}],"permalink":{"id":283769,"object_type":"law","relational_id":74916,"identifier":"8.8A-405","token":"8.8A\/4\/8.8A-405","url":"\/8.8A-405\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/8.8A-405\/","token":"8.8A\/4\/8.8A-405","dublin_core":{"Title":"Replacement of lost, destroyed or wrongfully taken security certificate","Type":"Text","Format":"text\/html","Identifier":"\u00a7 8.8A-405","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

a.<\/span> If an owner of a certificated security, whether in registered or bearer form, claims that the certificate has been lost, destroyed, or wrongfully taken, the issuer shall issue<\/span> a new certificate if the owner: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> so requests before the issuer has notice that the certificate has been acquired by a protected purchaser; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> files with the issuer a sufficient indemnity bond<\/span>; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> satisfies other reasonable requirements imposed by the issuer. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

b.<\/span> If, after the issue<\/span> of a new security certificate, a protected purchaser of the original certificate presents it for registration of transfer, the issuer shall register the transfer unless an overissue would result. In that case, the issuer’s liability is governed by § 8.8A-210<\/a>. In addition to any rights on the indemnity bond<\/span>, an issuer may recover the new certificate from a person to whom it was issued or any person taking under that person, except a protected purchaser. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nREPLACEMENT OF LOST, DESTROYED OR WRONGFULLY TAKEN SECURITY CERTIFICATE (\u00a7\n8.8A-405)\n\na. If an owner of a certificated security, whether in registered or bearer form,\nclaims that the certificate has been lost, destroyed, or wrongfully taken, the\nissuer shall issue a new certificate if the owner:\n\n 1. so requests before the issuer has notice that the certificate has been\n acquired by a protected purchaser;\n\n 2. files with the issuer a sufficient indemnity bond; and\n\n 3. satisfies other reasonable requirements imposed by the issuer.\n\nb. If, after the issue of a new security certificate, a protected purchaser of\nthe original certificate presents it for registration of transfer, the issuer\nshall register the transfer unless an overissue would result. In that case, the\nissuer’s liability is governed by § 8.8A-210. In addition to any\nrights on the indemnity bond, an issuer may recover the new certificate from a\nperson to whom it was issued or any person taking under that person, except a\nprotected purchaser.\n\nHISTORY: 1996, c. 216.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}