If you lose your stock certificate, don’t worry—for the majority of stocks, you still own your shares even without the paper certificate. One item you will need is a West Virginia Lost Stock Certificate Surety Bond. Follow the steps below to get your certificate replaced.
How to Replace a Lost Stock Certificate in West Virginia
1. Notify the Transfer Agent
First, you must notify the transfer agent of the loss. The transfer agent will place a “stop transfer” on the certificate. This is to prevent others from cashing it in. The transfer agent or the broker-dealer will then notify the SEC of the lost or missing certificates.
2. Apply for a West Virginia Lost Stock Certificate Surety Bond.
To replace your lost stock certificate, a “lost instrument bond” for a stock certificate is required by the issuing company. This bond is a third-party guarantee against financial loss for the company. Learn more about what the bond does and why it’s required.
West Virginia residents can apply here for a “lost instrument bond” for your lost stock certificate: Lost Instrument Bond Application.
Surety Solutions Insurance Services, Inc. (surety1) has been providing surety bonds in West Virginia since 2003 and is rated A+ by the Better Business Bureau.