193.625 Replacement certificates.
(1) Issuance. A cooperative may issue a replacement certificate of membership interest under s. 193.621 using the procedure specified in s. 408.405 (1), if the owner of the membership interest represented in a certificate claims that the certificate has been lost, destroyed or wrongfully taken.
(2) Not an overissue. The issuance of a replacement certificate under sub. (1) is not an overissue of the membership interest it represents.
History: 2005 a. 441.
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