A Lost Instrument Bond is required in North Dakota if you own a valuable instrument that has been lost, stolen or destroyed. The bond protects the original issuer from any financial loss as a result of issuing a duplicate. Often the issuing institution will require you to complete an affidavit attesting to the fact that you have not or will not benefit from the original instrument.
The most common types of lost instruments are money orders, cashier’s checks and certified checks.
Other examples of lost instruments can be:
There are two types of Lost Instrument Bonds:
If you live in North Dakota and need a Lost Instrument Bond to replace your important instrument, contact SuretyGroup.com.
The cost that you pay can depend on whether the bond you need is a fixed penalty or an open penalty and the value of the lost instrument. We can provide you with a free, no-obligation quote.
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