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.
The New Mexico Affidavit for Issuance of New Stock Certificate with Supporting Facts is a legal document that provides essential information and evidence to authorize the issuance of a new stock certificate in the state of New Mexico. This affidavit is crucial in situations where a corporation or company needs to replace or issue new stock certificates for its shareholders. A stock certificate represents ownership of a specific number of shares in a particular company. When a stock certificate is lost, stolen, damaged, or needs to be transferred, an affidavit must be submitted to the appropriate authorities. The New Mexico Affidavit for Issuance of New Stock Certificate with Supporting Facts acts as a sworn statement, outlining the circumstances necessitating the issuance of a new certificate. This affidavit typically requires the following important details: 1. Company Information: The legal name, address, and contact information of the corporation or company issuing the stock certificate. 2. Stockholder Details: The name, address, contact information, and social security number of the stockholder who requires the new stock certificate. 3. Lost or Damaged Certificate Details: A detailed explanation of how, when, and under what circumstances the original stock certificate was lost, damaged, or destroyed. 4. Supporting Facts: Any supporting evidence, such as police reports, witness statements, or personal testimony, that can substantiate the claims made in the affidavit. 5. Indemnification Clause: An affirmation that the corporation or company will indemnify and hold harmless any person or entity in possession of the lost or stolen certificate if it reappears or is used fraudulently. 6. Notary Public Signature: The affidavit must be acknowledged and signed by a Notary Public, who verifies the authenticity of the affine's signature. Additionally, there can be variations of the New Mexico Affidavit for Issuance of New Stock Certificate with Supporting Facts based on specific scenarios. Some possible types may include: — Affidavit for the Lost Stock Certificate: Used when the stockholder cannot locate the original stock certificate and requires a new one. — Affidavit for the Stolen Stock Certificate: Applicable when the stock certificate is stolen, and the stockholder needs a replacement. — Affidavit for the Damaged Stock Certificate: Used in cases where the stock certificate is physically damaged or defaced, rendering it unusable. — Affidavit for Transfer of Stock Certificate: Applied when a stockholder wants to transfer their ownership rights by issuing a new stock certificate to a different individual or entity. It is important to consult with legal professionals or corporate advisors to ensure the accuracy and compliance of the New Mexico Affidavit for Issuance of New Stock Certificate with Supporting Facts, as specific requirements may vary depending on the jurisdiction or the corporation itself.The New Mexico Affidavit for Issuance of New Stock Certificate with Supporting Facts is a legal document that provides essential information and evidence to authorize the issuance of a new stock certificate in the state of New Mexico. This affidavit is crucial in situations where a corporation or company needs to replace or issue new stock certificates for its shareholders. A stock certificate represents ownership of a specific number of shares in a particular company. When a stock certificate is lost, stolen, damaged, or needs to be transferred, an affidavit must be submitted to the appropriate authorities. The New Mexico Affidavit for Issuance of New Stock Certificate with Supporting Facts acts as a sworn statement, outlining the circumstances necessitating the issuance of a new certificate. This affidavit typically requires the following important details: 1. Company Information: The legal name, address, and contact information of the corporation or company issuing the stock certificate. 2. Stockholder Details: The name, address, contact information, and social security number of the stockholder who requires the new stock certificate. 3. Lost or Damaged Certificate Details: A detailed explanation of how, when, and under what circumstances the original stock certificate was lost, damaged, or destroyed. 4. Supporting Facts: Any supporting evidence, such as police reports, witness statements, or personal testimony, that can substantiate the claims made in the affidavit. 5. Indemnification Clause: An affirmation that the corporation or company will indemnify and hold harmless any person or entity in possession of the lost or stolen certificate if it reappears or is used fraudulently. 6. Notary Public Signature: The affidavit must be acknowledged and signed by a Notary Public, who verifies the authenticity of the affine's signature. Additionally, there can be variations of the New Mexico Affidavit for Issuance of New Stock Certificate with Supporting Facts based on specific scenarios. Some possible types may include: — Affidavit for the Lost Stock Certificate: Used when the stockholder cannot locate the original stock certificate and requires a new one. — Affidavit for the Stolen Stock Certificate: Applicable when the stock certificate is stolen, and the stockholder needs a replacement. — Affidavit for the Damaged Stock Certificate: Used in cases where the stock certificate is physically damaged or defaced, rendering it unusable. — Affidavit for Transfer of Stock Certificate: Applied when a stockholder wants to transfer their ownership rights by issuing a new stock certificate to a different individual or entity. It is important to consult with legal professionals or corporate advisors to ensure the accuracy and compliance of the New Mexico Affidavit for Issuance of New Stock Certificate with Supporting Facts, as specific requirements may vary depending on the jurisdiction or the corporation itself.
