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.
Fulton, Georgia Affidavit for Issuance of New Stock Certificate with Supporting Facts In Fulton, Georgia, an affidavit for the issuance of a new stock certificate with supporting facts is a legal document that provides the necessary evidence and information to request a new stock certificate from a company or corporation. This affidavit is usually required when an existing stock certificate has been lost, stolen, damaged, or misplaced. To initiate the process of obtaining a new stock certificate, an individual or shareholder must complete the Fulton, Georgia Affidavit for Issuance of New Stock Certificate with Supporting Facts form. The affidavit requires the individual to provide detailed information and supporting facts regarding the lost or missing stock certificate. The affidavit typically includes the following key details: 1. Affine Information: The individual's full legal name, address, contact information, and relationship to the corporation in which the stock is held. 2. Stock Details: The stock certificate number, the number of shares, class of stock, and the date of issuance. 3. Circumstances and Details of Loss: A thorough explanation of how and when the stock certificate was lost, stolen, damaged, or misplaced. It is essential to provide any relevant details or circumstances of the loss, such as whether it occurred during shipping, act of nature, or any other relevant factors. 4. Diligent Search Efforts: The affine is required to outline the diligent search efforts made to locate the missing stock certificate. This may include attempts to retrace steps, contacting relevant parties, verifying storage locations, and any other relevant actions taken to locate the certificate. 5. Legal Actions and Indemnity: The affine is often required to indemnify the corporation against any claims arising from the issuance of the new stock certificate based on the supporting facts provided. This is to ensure that the affine takes responsibility for any further claims that may arise due to the recovery of the original certificate. Different Types of Fulton, Georgia Affidavit for Issuance of New Stock Certificate with Supporting Facts: 1. Lost Stock Certificate Affidavit: This type of affidavit is used when the stock certificate has been lost and cannot be located despite diligent search efforts. 2. Stolen Stock Certificate Affidavit: If the stock certificate has been stolen, this affidavit is used to provide necessary details and facts supporting the theft incident. 3. Damaged Stock Certificate Affidavit: In instances where the stock certificate is damaged beyond recognition or use, this affidavit is completed to request a new certificate. In conclusion, the Fulton, Georgia Affidavit for Issuance of New Stock Certificate with Supporting Facts is a crucial legal document when seeking a replacement for a lost, stolen, or damaged stock certificate. This affidavit serves as evidence of the circumstances of the loss and ensures that the necessary steps are taken to issue a new certificate while protecting the corporation against potential claims.Fulton, Georgia Affidavit for Issuance of New Stock Certificate with Supporting Facts In Fulton, Georgia, an affidavit for the issuance of a new stock certificate with supporting facts is a legal document that provides the necessary evidence and information to request a new stock certificate from a company or corporation. This affidavit is usually required when an existing stock certificate has been lost, stolen, damaged, or misplaced. To initiate the process of obtaining a new stock certificate, an individual or shareholder must complete the Fulton, Georgia Affidavit for Issuance of New Stock Certificate with Supporting Facts form. The affidavit requires the individual to provide detailed information and supporting facts regarding the lost or missing stock certificate. The affidavit typically includes the following key details: 1. Affine Information: The individual's full legal name, address, contact information, and relationship to the corporation in which the stock is held. 2. Stock Details: The stock certificate number, the number of shares, class of stock, and the date of issuance. 3. Circumstances and Details of Loss: A thorough explanation of how and when the stock certificate was lost, stolen, damaged, or misplaced. It is essential to provide any relevant details or circumstances of the loss, such as whether it occurred during shipping, act of nature, or any other relevant factors. 4. Diligent Search Efforts: The affine is required to outline the diligent search efforts made to locate the missing stock certificate. This may include attempts to retrace steps, contacting relevant parties, verifying storage locations, and any other relevant actions taken to locate the certificate. 5. Legal Actions and Indemnity: The affine is often required to indemnify the corporation against any claims arising from the issuance of the new stock certificate based on the supporting facts provided. This is to ensure that the affine takes responsibility for any further claims that may arise due to the recovery of the original certificate. Different Types of Fulton, Georgia Affidavit for Issuance of New Stock Certificate with Supporting Facts: 1. Lost Stock Certificate Affidavit: This type of affidavit is used when the stock certificate has been lost and cannot be located despite diligent search efforts. 2. Stolen Stock Certificate Affidavit: If the stock certificate has been stolen, this affidavit is used to provide necessary details and facts supporting the theft incident. 3. Damaged Stock Certificate Affidavit: In instances where the stock certificate is damaged beyond recognition or use, this affidavit is completed to request a new certificate. In conclusion, the Fulton, Georgia Affidavit for Issuance of New Stock Certificate with Supporting Facts is a crucial legal document when seeking a replacement for a lost, stolen, or damaged stock certificate. This affidavit serves as evidence of the circumstances of the loss and ensures that the necessary steps are taken to issue a new certificate while protecting the corporation against potential claims.
