As soon as a shareholder realises that a share certificate has been lost, stolen or destroyed, they should contact the company secretary, or directors of the company concerned, both to report the loss and to request a replacement share certificate.
How much does it cost to replace a stock certificate?
Pay a fee to reissue the certificates: Whenever you issue paper stock certificates, you’ll pay a fee. My transfer agent charges $50 to issue the shares, but every transfer agent and brokerage is different. I’ve seen rates up to $500 to issue stock certificates.
“Can I sell shares without a certificate?” is a question many shareholders end up asking themselves. The answer is no because the certificate needs to be endorsed to be sold, but you can get your paper certificate reissued.
Loss of share certificates may be of two types:
When the share certificate is lost by the holder(s) When the share certificate purchased from the market together with transfer deed is lost by the purchaser(s) before registering the transfer of said share certificate in his/her name(s).
How do I find a missing stock certificate?
If you are missing certificates, contact the issuing company, transfer agent or the stock brokerage where the shares were bought. Brokerage firms can research the history of shares traded in the account and certificates you think are lost, and they can also deal with the transfer agent on your behalf.
Shareholders are required to receive a share certificate right after they buy at least one share. A copy of all issued share certificates must be kept by businesses for their records.
(c) In case unlisted companies, the duplicate share certificates shall be issued within a period of three months and in case of listed companies such certificate shall be issued 1[within forty-five days], from the date of submission of complete documents with the company respectively.
How do I replace a lost certificate?
> How to replace a lost KCPE or KCSE examination certificate
- Log into the KNEC portal and click on lost certificate;
- Fill in the details and upload the required documents; and.
- Pay the required fee and collect the certificate at the KNEC offices after 15 days.