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 Clark Nevada Affidavit for Issuance of New Stock Certificate with Supporting Facts is a legal document that serves as evidence for the issuance of a new stock certificate. An affidavit is a written statement made by an individual under oath, and in this case, it is used to support a request for the replacement or reissue of a stock certificate. This affidavit is specifically designed for use in Clark County, Nevada, and adheres to the legal requirements and regulations set forth by the county. It is an essential component of the process when there is a need to replace a lost, stolen, or damaged stock certificate, or when ownership details on the certificate need to be changed due to certain circumstances. The Clark Nevada Affidavit for Issuance of New Stock Certificate with Supporting Facts contains several key pieces of information required for the request. It typically includes the name of the corporation or company that issued the original stock certificate, the certificate number, the name of the stockholder, the number of shares represented by the certificate, and the reason for the request. The individual filing the affidavit must provide supporting facts or evidence to justify the need for a new stock certificate. Different types of Clark Nevada Affidavit for Issuance of New Stock Certificate with Supporting Facts may include: 1. Affidavit for Replacement of Lost Stock Certificate: This type of affidavit is used when the original stock certificate is lost or misplaced. The individual filing the affidavit must provide evidence of the loss, such as a police report or a notarized statement explaining the circumstances. 2. Affidavit for Replacement of Stolen Stock Certificate: In cases where the stock certificate is stolen, this specific affidavit is utilized. It requires the individual to submit a copy of the police report filed for the stolen certificate, along with any other supporting documentation. 3. Affidavit for Name Change on Stock Certificate: When a stockholder legally changes their name due to marriage, divorce, or any other reason, this affidavit is used to request a reissue of the stock certificate in the new name. Supporting documents, such as a marriage certificate or court order, must be attached to the affidavit to validate the name change. 4. Affidavit for Correction of Ownership Details: If there are errors or discrepancies in the ownership details of a stock certificate, this type of affidavit is employed. It requires the individual to provide supporting facts and documentation to rectify the inaccuracies. In conclusion, the Clark Nevada Affidavit for Issuance of New Stock Certificate with Supporting Facts is a critical legal document used in various circumstances to request the replacement or reissue of stock certificates. Whether it is for lost or stolen certificates, name changes, or correction of ownership details, providing accurate and credible supporting facts is crucial to ensure the successful issuance of a new stock certificate.
