If you lose a stock certificate, whether through fire, theft or some other means, replacing that certificate is a relatively straightforward process. You will need to contact the company's stock transfer agent, and you may have to post a surety bond that will cost approximately 3 percent of the value of the certificates being replaced.
If you do not have an address for the company's stock transfer agent, contact the company and ask for the agent's address. Tell the company's stock transfer agent how many shares have been lost and the approximate date on which they were purchased.
Affidavit Of Lost Stock Certificate And Indemnity Agreement
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How to fill out Affidavit For Lost, Stolen, Or Destroyed Stock Certificate?
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Affidavit of Loss Full legal name of the affiant; Date of birth of the affiant; Address of the affiant; Identifying details of the lost item; The date of loss or discovery of loss; An explanation of the circumstances surrounding the loss; and. The signature and notarization.
If you misplace your stock certificate or believe it was stolen or destroyed, you should immediately contact your transfer agent, or business that handles the records for the company of the stock you hold, and request that a "stop-transfer" order be put against it, similar to what you would do with a lost check.
#1 ? Requirements The legal name of the affiant and other crucial details concerning them, for example, nationality, residential address, date of birth, etc. A brief description of the lost or damaged asset. The purpose of executing the affidavit. An explanation of how the property got lost, stolen, or damaged.
Maintained ? USA (National/Federal) An affidavit used when a stock certificate has been lost, stolen, or destroyed. This Standard Document has integrated notes with important explanations and drafting tips.
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.