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Nevada
Affidavit for Issuance of New Stock Certificate with Supporting Facts

Nevada Affidavit for Issuance of New Stock Certificate with Supporting Facts

Q: Can you sell stock without certificate?

&quot;Can I sell shares without a certificate?&quot; 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.

Category:

Corporations - Shareholders and Stock

State:

Multi-State

Control #:

US-01291BG

Format:

Instant download

Description

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.

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How to fill out Affidavit For Issuance Of New Stock Certificate With Supporting Facts?

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FAQ

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.

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.

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.

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.

"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.

Replacing a Stock Certificate 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. 1 They may also be required to complete an affidavit of loss document.

To fill out a stock certificate, you fill in the name of the shareholder, the name of the corporation, the number of shares represented by the certificate, the date, and possibly an identification number. There is also a space for a corporate officer to sign on behalf of the corporation and to affix the corporate seal.

Nevada Affidavit for Issuance of New Stock Certificate with Supporting Facts

Description

Related forms

Viewed forms

How to fill out Affidavit For Issuance Of New Stock Certificate With Supporting Facts?

Form popularity

FAQ

Do lost stock affidavits need to be notarized?

What is a lost stock affidavit?

Is there a charge for issuing a lost stock certificate?

What happens when you lose a stock certificate?

Does a stock certificate need to be notarized?

Can you sell stock without certificate?

How do I reissue a stock certificate?

How do you fill out a stock certificate?

Trusted and secure by over 3 million people of the world’s leading companies

Nevada Affidavit for Issuance of New Stock Certificate with Supporting Facts

Description

Related forms

Viewed forms

How to fill out Affidavit For Issuance Of New Stock Certificate With Supporting Facts?

Form popularity

FAQ

Do lost stock affidavits need to be notarized?

What is a lost stock affidavit?

Is there a charge for issuing a lost stock certificate?

What happens when you lose a stock certificate?

Does a stock certificate need to be notarized?

Can you sell stock without certificate?

How do I reissue a stock certificate?

How do you fill out a stock certificate?

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Trusted and secure by over 3 million people of the world’s leading companies