A Lost Instrument Surety Bond is required in Minnesota if you own a valuable document or instrument that has been lost, destroyed or stolen. The bond protects the original issuer from any financial loss as a result of issuing a duplicate to replace the original instrument.
Types of surety bonds:
The most common types of lost instruments are common and preferred stock certificates.
Other examples of lost instruments are:
If you live in Minnesota and need a Surety Bond to replace one of your important instruments, SuretyGroup.com can get you the bond you need.
The premium is the cost that you pay and it will depend on whether you need a fixed penalty or an open penalty bond and the value of the instrument. Our Surety Bond Specialists can provide you with a free, no-obligation quote today.
Hours: 8:00-5:00 CST, Monday through Friday