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Legal Forms Glossary

Affidavit of Lost Stock Certificate and Indemnity Agreement

If you are a stock holder who loses the paper copy of your stock certificate, it's the equivalent of losing cash out of your pocket. Signing an affidavit that you lost the document can limit the harm you or the company in which you hold stock could experience as a result of the loss. The indemnity agreement that is included promises that if the company loses money because of the lost stock certificate, the stock holder will reimburse the company for those losses.