<?xml version='1.0' encoding='utf-8'?>
<section article="gca" article_name="Corporations and Associations" number="2-213" title_number="2" title_name="Corporations in General -- Formation, Organization, and Operation" subtitle_number="2" subtitle_name="Issuance of Securities">
  <level label="a">
    <text>Unless the bylaws provide otherwise, the board of directors of a corporation may determine the conditions for issuing a new stock certificate in place of one which is alleged to have been lost, stolen, or destroyed.</text>
  </level>
  <level label="b">
    <text>In its discretion, the board may require the owner of the certificate to give bond, with sufficient surety, to indemnify the corporation against any loss or claim arising as a result of the issuance of a new certificate.</text>
  </level>
  <level label="c">
    <text>The issuance of a new certificate under this section does not constitute an overissue of the shares it represents.</text>
  </level>
</section>
