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.
Missouri 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.
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.
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 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.
"Can I sell shares without a certificate?" is a question many shareholders end up asking themselves. The answer is no because the certificate needs to be endorsed to be sold, but you can get your paper certificate reissued.
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.
Contact us for further information about the requirements for a lost securities bond. ADDITIONAL NOTE: An Affidavit of Lost Stock Certificate(s) must be signed by the owner of the certificate(s) and his/her/their signature(s) must be witnessed by a valid Notary Public.
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.
