The following form is an attempt to release a non-profit organization offering babysitting service for any injuries that are suffered by a child while under the care of the organization.
Link Asset Services Indemnity For Lost Certificate In Kings
Category:
State:
Multi-State
County:
Kings
Control #:
US-00444BG
Format:
Word
Instant download
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.
If your securities certificate is lost, accidentally destroyed, or stolen, you should immediately contact the transfer agent and request a "stop transfer" to prevent ownership of the securities from being transferred from your name to another's.
Each of the 4 steps will take approximately 5 working days to complete and, in some cases, the company issuing shares may require a resolution confirming the replacement of the certificate from the board of directors. The time taken for this varies from company to company.
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.
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.
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.
Contact the Securities and Exchange Commission (SEC). Once you have contacted the stock transfer agent, you will need to complete an affidavit of loss. This affidavit will state that you have lost the stock certificate and that you are the rightful owner of the shares represented by the certificate.
After the company has received the information of the loss or misplacement, they freeze the share transfer for at least 30 days to avoid illegal or fraudulent transfers. Once the shareholder's identity is established, the company can proceed with issuing a duplicate certificate.
