Lost Instrument Bond for Mississippi Residents
A Lost Instrument Bond is required in Mississippi if you own a valuable instrument that has been lost, destroyed or stolen. The bond protects the original issuer from a financial loss and to replace the original document through issuance of a duplicate.
There are two types of lost instrument surety bonds. The bond type is determined by either a fluctuating value or a value that remains the same.
- Fixed Penalty Bonds are for instruments whose value remains the same over time.
- Open Penalty Bonds are for instruments whose market value fluctuates.
Types of Lost Instruments:
The most common types of lost instruments are preferred & common stock certificates, money orders, and cashier’s checks.
Other examples of lost instruments are:
If you live in Mississippi and need a Surety Bond to replace one of these important documents, call, email or complete our handy online application at SuretyGroup.com.
How Much Will This Bond Cost?
The premium or cost that you pay can depend on whether the bond is a fixed penalty or an open penalty and the value of the instrument. Fixed and open penalty bonds start as low as 1.5% for good credit. Our Surety Bond Specialists offer no cost, no-obligation quotes.
Related Links:
Mississippi Unclaimed Property SearchMore Surety Bond Questions?
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, call us first. SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.
For a downloadable application
