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 Wisconsin Affidavit for Issuance of New Stock Certificate with Supporting Facts is a legal document used in the state of Wisconsin to request the issuance of a new stock certificate for a corporation. This affidavit is necessary when an existing stock certificate is lost, stolen, destroyed, or rendered illegible. The affidavit serves as formal proof of the circumstances of the need for a new stock certificate. It contains essential details and supporting facts to ensure the authenticity of the request. It is important to remember that specific requirements and templates may vary, so it is best to consult with a legal professional or refer to the Wisconsin statutes for the accurate format and content. Here are some relevant keywords and subtopics related to the Wisconsin Affidavit for Issuance of New Stock Certificate with Supporting Facts: 1. Purpose: The affidavit is used when a new stock certificate needs to be issued for a Wisconsin corporation. It serves as a replacement for a lost, stolen, destroyed, or illegible certificate. 2. Affine: The person making the affidavit is known as the affine. The affine's personal information, such as name, address, and role within the corporation, should be stated clearly. 3. Corporation Details: The affidavit should include crucial information about the corporation, such as its legal name, address, and the state in which it is incorporated. 4. Missing Stock Certificate: The affine must explain in detail the circumstances of the loss, theft, destruction, or illegibility of the stock certificate. This may include providing dates, locations, and any supporting evidence, such as a police report or an insurance claim. 5. Diligent Search: The affine should outline the efforts made to locate the missing stock certificate. This demonstrates that reasonable steps were taken to find the certificate before requesting a new one. 6. Supporting Documents: Any supporting materials or documents that corroborate the affine's statement should be appended to the affidavit. This may include copies of police reports, correspondence, or documents related to insurance claims. 7. Legal Consequences: The affidavit should acknowledge the potential legal consequences of making false statements or providing misleading information. This ensures the affine is aware of the seriousness of the affidavit and its implications. Different types or variations of the Wisconsin Affidavit for Issuance of New Stock Certificate with Supporting Facts may include: — Affidavit for Lost StocCertificateat— - Affidavit for Stolen Stock Certificate — Affidavit for Destroyed Stock Certificate — Affidavit for Illegible Stock Certificate It is important to note that the specific titles and requirements of these variations may differ, but their purpose remains the same — to request the issuance of a new stock certificate with the necessary supporting facts and documentation.
