If you have an instrument that has a financial value that has been lost, destroyed, or stolen, then most likely you will need a surety bond to have it replaced. The issuer of instrument usually requires a bond to protect against loss upon the issuing of a duplicate.
There are two types of surety bonds for Lost Instruments that are commonly required:
The most common types of lost instruments are common and preferred stock certificates. Other examples of lost instruments include certified checks, money orders, checks, cashier’s checks, certificates of deposit, and other financial instruments and securities.
If you live in the Michigan and need a Surety Bond as a requirement in replacing one of these important documents, contact SuretyGroup.com first. We are here to help.
The premium or cost that you pay will depend on the surety bond type needed and the value (dollar amount) of the instrument. Let our Surety Bond Specialists provide you with a free, no-obligation quote.
Hours: 8:00-5:00 CST, Monday through Friday