{"id":258,"date":"2018-06-15T05:55:54","date_gmt":"2018-06-15T05:55:54","guid":{"rendered":"https:\/\/www.suretegrity.com\/blog\/?p=258"},"modified":"2018-06-15T05:55:54","modified_gmt":"2018-06-15T05:55:54","slug":"when-to-apply-for-a-lost-securities-bond","status":"publish","type":"post","link":"https:\/\/www.suretegrity.com\/blog\/when-to-apply-for-a-lost-securities-bond\/","title":{"rendered":"When to Apply For a Lost Securities Bond"},"content":{"rendered":"<p>Losing important documents can be stressful and damaging to a business. Itcan ultimately threaten a company\u2019s investment. Luckily, a <a href=\"https:\/\/www.suretegrity.com\/\">lost securities bond<\/a> can help to protect against situations like this. This bond is usually required when a person has damaged, lost, or misplaced an original document. This could be a corporate bond, insurance policy, stock ownership, interest coupon, money order or check or any other important document that also serves as a proof of ownership.<!--more--><\/p>\n<p><strong>Who can issue a lost securities bond? <\/strong><\/p>\n<p>You can buy <strong>a <\/strong>lost securities bond from a surety company.<\/p>\n<p><strong>What is the purpose of a lost securities bond?<\/strong><\/p>\n<p>The bond ensures that the issuer of the replacement security (the bank, firm or company that issued the replacement for the lost bond) does not suffer from any economic loss if the original document is found later. It protects the shareholders, transfer agents, and the company from any claims that may surface against the original document in the future.<\/p>\n<p><strong>What kind of penalties are associated with the bond?<\/strong><\/p>\n<p>There are two types of penalties associated with the bond \u2014 fixed penalty and open penalty. Fixed penalty is charged when the value of the original document is fixed, like a cashier\u2019s check. Open penalty is applicable when this value is fluctuating, such as a stock certificate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Losing important documents can be stressful and damaging to a business. Itcan ultimately threaten a company\u2019s investment. Luckily, a lost securities bond can help to protect against situations like this. This bond is usually required when a person has damaged, lost, or misplaced an original document. This could be a corporate bond, insurance policy, stock [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-258","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>When to Apply For a Lost Securities Bond - Suretegrity<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.suretegrity.com\/blog\/when-to-apply-for-a-lost-securities-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"When to Apply For a Lost Securities Bond - Suretegrity\" \/>\n<meta property=\"og:description\" content=\"Losing important documents can be stressful and damaging to a business. 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