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Delaware Affidavit for Lost, Stolen, or Destroyed Stock Certificate

Name: Delaware Affidavit for Lost, Stolen, or Destroyed Stock Certificate
Brand: US Legal Forms
Rating: 4.81 (443 reviews)

Category:

Affidavits - Certificates

State:

Multi-State

Control #:

US-02805BG

Format:

Instant download

Description

If you lose a stock certificate, whether through fire, theft or some other means, replacing that certificate is a relatively straightforward process. You will need to contact the company's stock transfer agent, and you may have to post a surety bond that will cost approximately 3 percent of the value of the certificates being replaced. If you do not have an address for the company's stock transfer agent, contact the company and ask for the agent's address. Tell the company's stock transfer agent how many shares have been lost and the approximate date on which they were purchased.

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How to fill out Delaware Affidavit For Lost, Stolen, Or Destroyed Stock Certificate?

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FAQ

The shares of a corporation shall be represented by certificates, provided that the board of directors of the corporation may provide by resolution or resolutions that some or all of any or all classes or series of its stock shall be uncertificated shares.

How do I replace a lost, stolen or destroyed certificate? Replacement share certificate(s) can be obtained through the completion and return of an Indemnity for lost certificate(s). In most instances it is usual for an administration fee to be charged for the production of an Indemnity.

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.

If you misplace your stock certificate or believe it was stolen or destroyed, you should immediately contact your transfer agent, or business that handles the records for the company of the stock you hold, and request that a "stop-transfer" order be put against it, similar to what you would do with a lost check.

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.

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.

You can begin with a quick internet search on the company's name. If this doesn't turn up any information, you may consult the corporate registry where the company was registered. You will find this information on the stock certificate, it will usually state ?Incorporated under the laws of??.

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Affidavit of lost stock certificate instructions Describe the stock that was lost as best as you can. Insert the number of shares, the par value, the type of stock that the certificates represented (e.g., common or preferred), the date of issuance, and the name and type of the company that issued the stocks. This template is an affidavit that can be used by a Delaware corporation to have a stockholder declare the physical loss of a stock certificate.An affidavit used when a stock certificate has been lost, stolen, or destroyed. This Standard Document has integrated notes with important explanations and ... 1. A separate Affidavit of Loss must be completed, signed and dated for each mutilated, lost, stolen or destroyed stock certificate or option agreement. If you lose a stock certificate, whether through fire, theft or some other means, replacing that certificate is a relatively straightforward process. The undersigned is entitled to the full and exclusive possession of the Shares. The certificate(s) representing the Shares have been lost, misplaced, stolen or ... Find affidavit of loss word format and click on Get Form to get started. Use the instruments we provide to complete your document. Highlight relevant segments ... (a) In connection with any conversion pursuant to Section 7 or redemption in accordance with Section 8, the holder of Series B Preferred Stock must surrender ... Any duplicate Certificate issued pursuant to this Section 3.6 shall constitute complete and indefeasible evidence of ownership in the Issuer, as if originally ... The process to replace a lost stock certificate requires you to purchase a surety bond and complete an affidavit, which can be costly and time consuming. What ...

Delaware Affidavit for Lost, Stolen, or Destroyed Stock Certificate

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How to fill out Delaware Affidavit For Lost, Stolen, Or Destroyed Stock Certificate?

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