                                 CODE OF VIRGINIA

OBLIGATION TO NOTIFY ISSUER OF LOST, DESTROYED OR WRONGFULLY TAKEN SECURITY
CERTIFICATE (§ 8.8A-406)

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 § 8.8A-404 or a claim to a
new security certificate under § 8.8A-405.

HISTORY: 1996, c. 216.