Lost a paper stock certificate? The company's transfer agent will require a lost securities bond, usually about 2 percent of the stock's value, before they issue a replacement. Junno Surety handles it fast.
- Who needs it
- Anyone who lost a paper stock or bond certificate
- Bond amount
- Usually about 2% of the stock's current value
- What you pay
- A small percent of the bond amount
- Required by
- The company's transfer agent
- A claim protects
- The company and transfer agent
What is a lost stock certificate bond?
A lost stock certificate bond, also called a lost securities bond, is required when you lose a paper stock or bond certificate and want a replacement. The company's transfer agent, the firm that manages the shares, will not reissue the certificate without it.
The bond protects the company and the transfer agent in case the lost certificate is ever found and used. It is a standard step in replacing lost securities.
How does it work?
The usual steps:
- You report the lost certificate to the company's transfer agent.
- The transfer agent tells you the bond amount, usually about 2 percent of the current market value.
- You buy the lost securities bond from Junno Surety.
- You give the bond and forms to the transfer agent.
- The transfer agent issues a replacement certificate or moves the shares to book form.
How much does it cost?
The bond amount is usually about 2 percent of the stock's value, and your premium is a small percent of that. So even for valuable shares, the cost is modest. Junno gives you a fast, free quote.
Get your bond from Junno
Tell us the company, the number of shares, and the current value. We will quote you fast and issue the lost securities bond so your transfer agent can move forward.
Junno Surety is a licensed agency and can often issue your bond the same day. Get your free quote → or call (762) 499-0237.
Frequently asked questions
Why do I need a bond to replace a stock certificate?
The transfer agent requires it to protect the company in case the lost certificate is later found and used. It is standard practice.
How much is the bond?
Usually about 2 percent of the current market value of the shares.
How fast can I get it?
We can quote and issue quickly. Larger amounts may need a little review.