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.
Fixed Penalty Bonds are for instruments whose value remains the same over time.
Open Penalty Bonds are for instruments whose market value fluctuates.
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.
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. Our Surety Bond Specialists offer free, no-obligation quotes.
Our Surety Bond Specialists are ready to assist you.
Hours: 8:00-5:00 CST, Monday through Friday