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What happens if a shareholder loses a stock certificate?

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What happens if a shareholder loses a stock certificate?

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The shareholder should contact our office. We will place a “stop” on our records to prevent the certificate from being transferred. A surety bond will be required in order to reissue the shares. The shareholder will have to pay a premium for this bond; the cost is generally 3% of the value of the certificate lost.

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