Virginia Affidavit for Issuance of New Stock Certificate with Supporting Facts

State:
Multi-State
Control #:
US-01291BG
Format:
Word; 
Rich Text
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.

Free preview
  • Preview Affidavit for Issuance of New Stock Certificate with Supporting Facts
  • Preview Affidavit for Issuance of New Stock Certificate with Supporting Facts
  • Preview Affidavit for Issuance of New Stock Certificate with Supporting Facts

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

If you need to comprehensive, download, or print out legitimate file web templates, use US Legal Forms, the largest assortment of legitimate types, which can be found online. Take advantage of the site`s easy and convenient search to find the paperwork you need. Different web templates for organization and individual purposes are sorted by categories and states, or search phrases. Use US Legal Forms to find the Virginia Affidavit for Issuance of New Stock Certificate with Supporting Facts in just a handful of click throughs.

Should you be currently a US Legal Forms client, log in to your accounts and click the Down load option to find the Virginia Affidavit for Issuance of New Stock Certificate with Supporting Facts. You may also gain access to types you earlier downloaded from the My Forms tab of the accounts.

If you work with US Legal Forms initially, refer to the instructions beneath:

  • Step 1. Be sure you have chosen the shape for the appropriate area/region.
  • Step 2. Use the Preview method to check out the form`s information. Never forget to read through the explanation.
  • Step 3. Should you be unhappy together with the kind, make use of the Look for discipline towards the top of the display to get other types of the legitimate kind template.
  • Step 4. When you have found the shape you need, go through the Buy now option. Opt for the costs prepare you prefer and include your qualifications to register to have an accounts.
  • Step 5. Process the purchase. You can use your credit card or PayPal accounts to accomplish the purchase.
  • Step 6. Choose the structure of the legitimate kind and download it on your system.
  • Step 7. Full, modify and print out or indicator the Virginia Affidavit for Issuance of New Stock Certificate with Supporting Facts.

Each legitimate file template you buy is yours forever. You possess acces to every kind you downloaded with your acccount. Select the My Forms portion and decide on a kind to print out or download again.

Remain competitive and download, and print out the Virginia Affidavit for Issuance of New Stock Certificate with Supporting Facts with US Legal Forms. There are millions of specialist and state-particular types you can utilize for the organization or individual requirements.

Form popularity

FAQ

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.

Because a stock certificate is your only legal proof of ownership, you can't sell or transfer the stock without it. Once the affidavit is completed, have your brokerage firm ask the company whose stock you hold to issue a new stock certificate, which you can then keep or use to sell or transfer the stock as you wish.

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.

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.

If you buy stock from a specific company, you can reach out to that company and ask that it mail you a physical stock certificate. If you are unable to find contact information for the company, you can visit the Secretary of State website in the state where the business operates.

An old stock or bond certificate may still be valuable even if it no longer trades under the name printed on the certificate. The company may have merged with another company or simply changed its name.

The fee for this service is normally around 1% of the value of the shares represented by the missing share certificate, making it a cost-effective service.

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

Virginia Affidavit for Issuance of New Stock Certificate with Supporting Facts