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updated September 8, 2023 · 3min read
The modern world is electronic. Many workplaces have gone paperless, and even personal transactions are no longer confined to physical document exchange. However, remnants of old systems and habits remain and there are certain areas in which paper documents remain fairly common. One of those areas is in the representation and trading of stock shares.
By some estimates, there are as many as 50 million paper stock certificates remaining in circulation. Individual investors keep these documents in various locations, ranging from organized files in a safe deposit box to cardboard boxes in the garage. No matter the system, physical certificates are often misplaced or destroyed accidentally. In such cases, the stockholder will need to replace the documents, a process that starts with the completion of an affidavit of lost stock certificate.
This package contains everything you’ll need to customize and complete your affidavit. Companies usually require stockholders who have lost or destroyed certificates to provide this document before they will issue replacements. If you follow the enclosed sample and guidelines, you can resolve the situation quickly, and may prevent the investment loss you could face if someone obtained your document before you had the chance to report it missing.
The following instructions will help you understand the terms of your affidavit. The numbers below correspond to numbers in the form. Please review the entire document before starting the step-by-step process.
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