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.
Michigan Affidavit for Lost, Stolen, or Destroyed Stock Certificate
Category:
State:
Multi-State
Control #:
US-02805BG
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Affidavit For Lost, Stolen, Or Destroyed Stock Certificate?
US Legal Forms - among the greatest libraries of legal varieties in the United States - delivers a wide range of legal record layouts you may acquire or print out. Using the website, you may get a large number of varieties for company and specific purposes, sorted by types, says, or keywords and phrases.You can find the most up-to-date versions of varieties like the Michigan Affidavit for Lost, Stolen, or Destroyed Stock Certificate within minutes.
If you currently have a subscription, log in and acquire Michigan Affidavit for Lost, Stolen, or Destroyed Stock Certificate through the US Legal Forms catalogue. The Down load switch can look on each and every kind you view. You gain access to all in the past acquired varieties in the My Forms tab of your account.
In order to use US Legal Forms the very first time, listed here are simple recommendations to help you started off:
- Ensure you have picked the right kind for the city/state. Click the Review switch to check the form`s articles. Browse the kind outline to actually have chosen the correct kind.
- When the kind does not suit your demands, use the Search area near the top of the display screen to discover the one which does.
- When you are content with the shape, confirm your selection by simply clicking the Acquire now switch. Then, choose the pricing plan you prefer and provide your credentials to sign up for the account.
- Approach the deal. Use your credit card or PayPal account to accomplish the deal.
- Choose the file format and acquire the shape on the product.
- Make alterations. Fill out, revise and print out and sign the acquired Michigan Affidavit for Lost, Stolen, or Destroyed Stock Certificate.
Each and every format you included with your money does not have an expiry particular date and is the one you have permanently. So, in order to acquire or print out yet another copy, just check out the My Forms portion and click around the kind you need.
Gain access to the Michigan Affidavit for Lost, Stolen, or Destroyed Stock Certificate with US Legal Forms, one of the most considerable catalogue of legal record layouts. Use a large number of specialist and state-specific layouts that meet your small business or specific requirements and demands.
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.
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.
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 you need or want to have physical proof of ownership, you can request a replacement for lost or stolen certificates. You'll need to reach out to the issuing company to start the process. A transfer agent will check the company's records to verify your ownership of the shares.
In some cases, however, an investor may choose to hold a physical share certificate, which details their share ownership. 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.
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.
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.
Be as detailed as possible, showing that you made all reasonable efforts to find those documents. If your certificates were destroyed, delete the first provision and explain the circumstances of that event. You must notarize your signature on the affidavit.
