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.
Kentucky Affidavit for Lost, Stolen, or Destroyed Stock Certificate
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Multi-State
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US-02805BG
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How to fill out Affidavit For Lost, Stolen, Or Destroyed Stock Certificate?
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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.
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.
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.
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.
Despite there being no legal requirement, some people nonetheless choose to have signatures notarized or witnessed just in case there should later be a dispute about whether someone actually signed the document.
If an investor does not have or loses their stock certificate, they are still the owner of their shares and entitled to all the rights that come with them. If an investor wants a stock certificate, or if it is lost, stolen, or damaged, they can receive a new one by contacting a company's transfer agent.
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.
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.