Section 308B.621 Lost Certificates; Replacement

308B.621 LOST CERTIFICATES; REPLACEMENT.

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