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.
Alabama Affidavit for Lost, Stolen, or Destroyed Stock Certificate
State:
Multi-State
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US-02805BG
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Word;
Rich Text
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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 need or want to have physical proof of ownership, you can request a replacement for lost or stolen certificates. You'll need to reach out to the issuing company to start the process. A transfer agent will check the company's records to verify your ownership of the shares.
An Affidavit of Lost Document is a sworn statement that is used to confirm that a document was lost and to request a replacement. Losing an important document is stressful, but the recovery process doesn't have to be.
#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.
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.
By Practical Law Corporate & Securities. 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.
In some cases, however, an investor may choose to hold a physical share certificate, which details their share ownership. A share certificate can be replaced if it is lost, stolen, or damaged. In order to replace the physical certificate, the shareholder will need to contact the company's stock transfer agent.
Be as detailed as possible, showing that you made all reasonable efforts to find those documents. If your certificates were destroyed, delete the first provision and explain the circumstances of that event. You must notarize your signature on the affidavit.
