Link Asset Services Indemnity For Lost Certificate In King
Description
Form popularity
FAQ
When you come to sell your shares, it's possible that you won't be able to find the certificate, and if you can't, the Registrar will ask you to sign an indemnity, which protects them in case you aren't who you say you are, so in other words, you're a fraudster.
Shared certificates can be replaced if lost, stolen, or damaged. To replace the physical certificate, shareholders must contact the company's stock transfer agent. 1 They may also be required to complete an affidavit of loss document.
I/We, (full name of the shareholder(s) aged __ years, residing at (address of the shareholder/s) approach the Company to issue duplicate share certificate(s) in lieu of the original shares covered under Folio No. _______ and bearing Certificate No(s). ___________ held by me/us.
If you wish to sell or transfer your shares, but your certificate has been lost or stolen, you will need to obtain a replacement by completing a Letter of Indemnity form. Once we receive the completed form and any required fees, we will then issue a duplicate certificate.
Shared certificates can be replaced if lost, stolen, or damaged. To replace the physical certificate, shareholders must contact the company's stock transfer agent. 1 They may also be required to complete an affidavit of loss document.
Call the company's Investor Relations department. They'll direct you on how to get a new certificate. You should transfer the shares into a brokerage account though.
When you come to sell your shares, it's possible that you won't be able to find the certificate, and if you can't, the Registrar will ask you to sign an indemnity, which protects them in case you aren't who you say you are, so in other words, you're a fraudster.
The owner must buy an indemnity bond to protect the corporation and the transfer agent against the possibility that the lost certificate may be presented later by an innocent purchaser. The bond usually costs between two or three percent of the current market value of the missing certificates; and.
