How do I transfer stock without a certificate?

If you want to sell or transfer stock but have lost your paper stock certificate, you have no legal proof of ownership?but that doesn't mean you've lost your investment. With a properly completed lost stock certificate affidavit, you can transfer or sell the stock even if you can't find the original certificate.

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West Virginia
Affidavit for Issuance of New Stock Certificate with Supporting Facts

West Virginia Affidavit for Issuance of New Stock Certificate with Supporting Facts

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

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.

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.

When dealing with an estate that includes shares without a certificate, a new one can be requested from the registrars of the company (if known). However, they may impose conditions before granting you with a replacement certificate.

If you want to sell or transfer stock but have lost your paper stock certificate, you have no legal proof of ownership?but that doesn't mean you've lost your investment. With a properly completed lost stock certificate affidavit, you can transfer or sell the stock even if you can't find the original certificate.

West Virginia 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

What type of bond is required to reissue a stock certificate?

What happens if you lost your original stock certificate?

What is the indemnity bond for lost stock certificate?

How do I get a replacement share certificate?

How do I transfer stock without a certificate?

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

West Virginia 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

What type of bond is required to reissue a stock certificate?

What happens if you lost your original stock certificate?

What is the indemnity bond for lost stock certificate?

How do I get a replacement share certificate?

How do I transfer stock without a certificate?

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