If lost or completely destroyed, any security may be reissued in the form and tenor of the lost or destroyed security upon the owner furnishing to the satisfaction of the board:

1. A. proof of ownership;
2. B. proof of loss or destruction;
3. C. a surety bond in twice the face amount of the security and any coupons; and
4. D. payment of the cost of preparing and issuing the new security.

History: Laws 2007, ch. 99, § 62.

ANNOTATIONS

Emergency clauses. — Laws 2007, ch. 99, § 104 contained an emergency clause and was approved March 30, 2007.