Florida Statutes
Fla. Stat. § 678.4051 (2025)
Replacement of lost, destroyed, or wrongfully taken security certificate.
✓ 2025 Florida Statutes — current through the 2025 Regular Session
Find cases:
SyfertCases citing this section
FL-LEGleg.state.fl.us
JustiaFla. Statutes
CornellLII Search
CasesGoogle Scholar
678.4051 Replacement of lost, destroyed, or wrongfully taken security certificate.—
(1) 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:
(a) So requests before the issuer has notice that the certificate has been acquired by a protected purchaser.
(b) Files with the issuer a sufficient indemnity bond.
(c) Satisfies other reasonable requirements imposed by the issuer.
(2) 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 s. 678.2101. 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.
Notes of Decisions
Cited in 2
cases, 2005–2018 · leading case: John G. Schanck v. William M. Gayhart & Debra L. Buchanan, etc., 245 So. 3d 970 (Fla. 1st DCA 2018).
John G. Schanck v. William M. Gayhart & Debra L. Buchanan, etc., 245 So. 3d 970 (Fla. 1st DCA 2018). “See § 678.4051, Fla. Stat. (providing procedure for reissuance of a lost, destroyed, or wrongfully taken security certificate).”
State v. Moore, 892 So. 2d 1218 (Fla. 1st DCA 2005). “§ 678.4051, Fla. Stat. Ann., UCC Comment 2 (West 2003).”
— 678.4051(1) — 1 case
State v. Moore, 892 So. 2d 1218 (Fla. 1st DCA 2005). “§ 678.4051, Fla. Stat. Ann., UCC Comment 2 (West 2003).”
— 678.4051(2) — 1 case
State v. Moore, 892 So. 2d 1218 (Fla. 1st DCA 2005). “§ 678.4051, Fla. Stat. Ann., UCC Comment 2 (West 2003).”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.