In Ohio, a Lost Instrument Bond is needed if you own a valuable instrument or document that has been stolen, lost or destroyed. The bond protects the original issuer from any financial loss as a result of issuing a duplicate which is then provided to the originating financial institution. The financial institution may also request that you complete an Affidavit of Lost Instrument.
The most common types of lost instruments are preferred stock certificates, certified checks, money orders, and cashier’s checks.
Other examples of lost instruments are:
Common Lost Instrument Bond Types:
If you need a Surety Bond in Arizona as a requirement in replacing one of these important documents, SuretyGroup.com can help.
The cost of the premium that you pay depends on the bond needed (open or fixed penalty) and the value of the lost instrument. SuretyGroup.com offers free, no-obligation quotes.
Contact a Surety Bond Specialists today at:
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