A corporation may issue substitute certificates for those that have been lost or stolen. In many jurisdictions, the remedies with respect to replacing lost, destroyed, or stolen certificates are now covered by statutes. In issuing a new certificate to replace one that is lost or stolen, the corporation has the right to indicate on the certificate that it is a "duplicate." Generally, the owner of stock cannot compel the corporation to issue a new certificate to him or her in place of one that he or she claims has been lost or stolen, without agreeing to indemnify the corporation or an giving an indemnity bond for the corporation's protection.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
North Carolina Affidavit for Issuance of New Stock Certificate with Supporting Facts is a legal document used in the state of North Carolina when a stockholder requests the issuance of a new stock certificate. This affidavit is essential for providing supporting evidence and facts to ensure the proper transfer of stock ownership. The purpose of this affidavit is to verify the details of the stockholder's claim and support their request for a new stock certificate. It requires the stockholder to provide accurate information about their shares, such as the number of shares owned, the stock certificate number, and the reason for requesting a new certificate. Some relevant keywords related to this affidavit include: North Carolina, affidavit, issuance, new stock certificate, supporting facts, stockholder, transfer of ownership, shares, certificate number, request. Different types or variations of the North Carolina Affidavit for Issuance of New Stock Certificate with Supporting Facts may include: 1. Affidavit for Lost Stock Certificate: This type of affidavit is used when a stockholder misplaces or loses their stock certificate and requires a replacement. The affidavit will contain relevant details about the lost certificate and provide supporting evidence to substantiate the claim. 2. Affidavit for Damaged Stock Certificate: In cases where the stock certificate is damaged or mutilated, this type of affidavit is used. It requires the stockholder to provide information about the condition of the certificate and supporting evidence, such as photographs or expert certification of damage, to validate their claim. 3. Affidavit for Stolen Stock Certificate: If the stock certificate is stolen, this affidavit is needed to establish the theft and the stockholder's claim for a new certificate. It will require the stockholder to provide details about the theft incident and any relevant police reports or legal documentation. 4. Affidavit for Name Change in Stock Certificate: Sometimes, stockholders may request a new certificate due to a change in their legal name. This affidavit would require the stockholder to provide evidence of the name change, such as a marriage certificate or court-ordered name change, to support their request for a new stock certificate. Regardless of the specific type, all North Carolina Affidavits for Issuance of New Stock Certificate with Supporting Facts serve the purpose of validating the stockholder's claim and providing a legal basis for the issuance of a new stock certificate. These affidavits play a crucial role in maintaining the accuracy and integrity of stock ownership records in the state of North Carolina.
