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.
Travis County, Texas Affidavit for Issuance of New Stock Certificate with Supporting Facts In Travis County, Texas, when a stock certificate has been lost, destroyed, or wrongfully withheld, an affidavit for the issuance of a new stock certificate can be filed to request the reissuance of the certificate. This legal document provides essential information and supporting facts to substantiate the claim and facilitate the issuance of a replacement stock certificate. The affidavit serves as evidence that the loss or destruction of the original certificate was not due to any fraudulent activity and helps protect both the company and the shareholder. The Travis County, Texas Affidavit for Issuance of New Stock Certificate includes several key elements: 1. Identification of the Shareholder: The affidavit requires the shareholder's full legal name, contact information, and the number of shares owned. It establishes the person's standing as a legitimate shareholder. 2. Statement of Loss or Destruction: The affidavit should clearly state that the original stock certificate has been lost, destroyed, or wrongfully withheld. This information reassures the company's stakeholders that the request is genuine. 3. Supporting Facts: The affidavit must provide factual details supporting the loss, destruction, or wrongful withholding of the stock certificate. This may include circumstances, dates, locations, and any relevant documentation regarding the incident. 4. Statement of Diligence: The shareholder must demonstrate that they have taken reasonable steps to locate the missing certificate. This could include contacting the company's transfer agent or conducting a diligent search. 5. Indemnification Agreement: The affidavit typically includes an indemnification agreement, ensuring that the shareholder will protect the company from any potential losses or claims arising from the reissuance of the stock certificate. Additionally, there may be different types of Travis County, Texas Affidavit for Issuance of New Stock Certificate, such as: 1. Affidavit for Loss of Stock Certificate: This type of affidavit is used when the certificate is misplaced or lost without any intention to defraud. It requires the shareholder to provide a detailed account of the circumstances of the loss and steps taken to locate it. 2. Affidavit for Destruction of Stock Certificate: If the stock certificate has been accidentally destroyed, an affidavit must be filed, explicitly describing how it happened and supporting evidence. 3. Affidavit for Wrongful Withholding of Stock Certificate: In cases where the stock certificate has been deliberately withheld by another party without legal justification, an affidavit outlining the facts and supporting evidence should be submitted. It is essential to consult with a legal professional or review the applicable laws and regulations in Travis County, Texas to ensure accuracy and compliance when preparing the Affidavit for Issuance of New Stock Certificate with Supporting Facts.Travis County, Texas Affidavit for Issuance of New Stock Certificate with Supporting Facts In Travis County, Texas, when a stock certificate has been lost, destroyed, or wrongfully withheld, an affidavit for the issuance of a new stock certificate can be filed to request the reissuance of the certificate. This legal document provides essential information and supporting facts to substantiate the claim and facilitate the issuance of a replacement stock certificate. The affidavit serves as evidence that the loss or destruction of the original certificate was not due to any fraudulent activity and helps protect both the company and the shareholder. The Travis County, Texas Affidavit for Issuance of New Stock Certificate includes several key elements: 1. Identification of the Shareholder: The affidavit requires the shareholder's full legal name, contact information, and the number of shares owned. It establishes the person's standing as a legitimate shareholder. 2. Statement of Loss or Destruction: The affidavit should clearly state that the original stock certificate has been lost, destroyed, or wrongfully withheld. This information reassures the company's stakeholders that the request is genuine. 3. Supporting Facts: The affidavit must provide factual details supporting the loss, destruction, or wrongful withholding of the stock certificate. This may include circumstances, dates, locations, and any relevant documentation regarding the incident. 4. Statement of Diligence: The shareholder must demonstrate that they have taken reasonable steps to locate the missing certificate. This could include contacting the company's transfer agent or conducting a diligent search. 5. Indemnification Agreement: The affidavit typically includes an indemnification agreement, ensuring that the shareholder will protect the company from any potential losses or claims arising from the reissuance of the stock certificate. Additionally, there may be different types of Travis County, Texas Affidavit for Issuance of New Stock Certificate, such as: 1. Affidavit for Loss of Stock Certificate: This type of affidavit is used when the certificate is misplaced or lost without any intention to defraud. It requires the shareholder to provide a detailed account of the circumstances of the loss and steps taken to locate it. 2. Affidavit for Destruction of Stock Certificate: If the stock certificate has been accidentally destroyed, an affidavit must be filed, explicitly describing how it happened and supporting evidence. 3. Affidavit for Wrongful Withholding of Stock Certificate: In cases where the stock certificate has been deliberately withheld by another party without legal justification, an affidavit outlining the facts and supporting evidence should be submitted. It is essential to consult with a legal professional or review the applicable laws and regulations in Travis County, Texas to ensure accuracy and compliance when preparing the Affidavit for Issuance of New Stock Certificate with Supporting Facts.
