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Wyoming Affidavit for Issuance of New Stock Certificate with Supporting Facts

Category:
Corporations - Shareholders and Stock
State:
Multi-State
Control #:
US-01291BG
Format:
Word; 
Rich Text
Instant download
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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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  • 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

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

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FAQ

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.

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.

In the digital age, you can prove stock ownership without holding a physical certificate. However, if an investor wants a stock certificate, he can request that his brokerage house issue a certificate, or they can contact the company that issued the stocks.

Along with the executed stock transfer form and HMRC letter confirming that the stock transfer form has been duly stamped, a company will usually require the share certificate relating to transferred shares to be delivered to it.

Trading commissions were very expensive, and once a stock purchase transaction went through, you'd get a stock certificate. These paper documents were issued by companies to their shareholders as proof that they owned shares of stock. These certificates included vital information such as: The shareholder's name.

Even without a physical share certificate, a stock owner is still the owner of the stock and party to all the rights to being a shareholder. The owners will receive dividend payments and other notices.

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.

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.

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