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.
Chicago, Illinois Affidavit for Issuance of New Stock Certificate with Supporting Facts is a legal document used in Chicago, Illinois for the purpose of requesting the issuance of a new stock certificate. An affidavit is a written statement made under oath, and it serves as evidence in court proceedings or other legal matters. When it comes to stock certificates, an affidavit is required to provide supporting facts and information to verify the need for a new certificate issuance. This document ensures transparency and authenticity in stock ownership transfers and helps prevent fraudulent activities. The Chicago, Illinois Affidavit for Issuance of New Stock Certificate with Supporting Facts includes various key elements to help facilitate the issuance process. These elements may include: 1. Affine Information: The affidavit begins by stating the personal information of the affine, such as their full name, address, contact details, and occupation. This ensures that the affine is a reliable and accountable individual. 2. Corporation Information: The affidavit specifies the name of the corporation for which the new stock certificate is being requested. It includes details like the company's legal name, address, date of incorporation, and any additional information that may be relevant. 3. Supporting Facts: This section outlines the reasons for requesting a new stock certificate. The affine must provide supporting facts and evidence to establish the need for a replacement. Examples of supporting facts may include loss, theft, destruction, or damage to the original stock certificate. 4. Stock Details: The affidavit includes detailed information about the stock being held by the affine. This information typically includes the stock certificate number, number of shares owned, class of stock, and any other relevant details. 5. Notice to All Concerned Parties: This section notifies relevant parties, such as the corporation, transfer agent, and other shareholders, of the affine's intention to request a new stock certificate. This ensures transparency and allows interested parties to raise any concerns or objections before the replacement certificate is issued. Different types of Chicago, Illinois Affidavit for Issuance of New Stock Certificate with Supporting Facts might include specific variations in the language used or additional sections based on the requirements of individual corporations or circumstances. Some corporations may have their own unique affidavit forms to maintain consistency across all stock transactions. It's essential to consult with legal professionals or corporate advisors to ensure that the affidavit complies with all Chicago, Illinois regulations and the specific requirements of the corporation involved. Accuracy and completeness of supporting facts are crucial to avoid delays or complications in the issuance process.Chicago, Illinois Affidavit for Issuance of New Stock Certificate with Supporting Facts is a legal document used in Chicago, Illinois for the purpose of requesting the issuance of a new stock certificate. An affidavit is a written statement made under oath, and it serves as evidence in court proceedings or other legal matters. When it comes to stock certificates, an affidavit is required to provide supporting facts and information to verify the need for a new certificate issuance. This document ensures transparency and authenticity in stock ownership transfers and helps prevent fraudulent activities. The Chicago, Illinois Affidavit for Issuance of New Stock Certificate with Supporting Facts includes various key elements to help facilitate the issuance process. These elements may include: 1. Affine Information: The affidavit begins by stating the personal information of the affine, such as their full name, address, contact details, and occupation. This ensures that the affine is a reliable and accountable individual. 2. Corporation Information: The affidavit specifies the name of the corporation for which the new stock certificate is being requested. It includes details like the company's legal name, address, date of incorporation, and any additional information that may be relevant. 3. Supporting Facts: This section outlines the reasons for requesting a new stock certificate. The affine must provide supporting facts and evidence to establish the need for a replacement. Examples of supporting facts may include loss, theft, destruction, or damage to the original stock certificate. 4. Stock Details: The affidavit includes detailed information about the stock being held by the affine. This information typically includes the stock certificate number, number of shares owned, class of stock, and any other relevant details. 5. Notice to All Concerned Parties: This section notifies relevant parties, such as the corporation, transfer agent, and other shareholders, of the affine's intention to request a new stock certificate. This ensures transparency and allows interested parties to raise any concerns or objections before the replacement certificate is issued. Different types of Chicago, Illinois Affidavit for Issuance of New Stock Certificate with Supporting Facts might include specific variations in the language used or additional sections based on the requirements of individual corporations or circumstances. Some corporations may have their own unique affidavit forms to maintain consistency across all stock transactions. It's essential to consult with legal professionals or corporate advisors to ensure that the affidavit complies with all Chicago, Illinois regulations and the specific requirements of the corporation involved. Accuracy and completeness of supporting facts are crucial to avoid delays or complications in the issuance process.
