2006 New York Code - Replacement Of Lost, Destroyed, Or Wrongfully Taken Security Certificate.

 
  Section 8--405. Replacement  of  Lost,  Destroyed,  or  Wrongfully taken
                    Security Certificate.
    (a) 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:
         (1) so requests before the issuer has notice that the certificate
             has been acquired by a protected purchaser;
         (2) files with the issuer a sufficient indemnity bond; and
         (3) satisfies  other  reasonable  requirements  imposed  by   the
             issuer.
    (b) 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
  Section  8--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.