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Lost Instrument Bond or Unclaimed Property Bonds in Texas

A stock certificate, which is a common Lost Instrument

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A Lost Instrument Surety Bond is required in Texas if you own a valuable instrument that has been lost, destroyed or stolen or is in unclaimed property. The Texas Comptroller and other financial institutions often requires a surety bond prior to releasing unclaimed property.

Types of Bonds:

  • Open Penalty Bonds are for instruments whose market value fluctuates and can be more or less than the original value.
  • Fixed Penalty Bonds are for instruments whose value remains the same over time, year after year.

    • The most common types of lost instruments are preferred and common stock certificates and corporate bonds.

    Other examples of lost instruments are:

  • Cashier’s Check
  • Other Financial Instruments and Securities
  • Warehouse Receipt
  • Check or Money Order
  • Certificate of Deposit
  • Certified Check
  • Money Order

    • If you live in Texas and need a bond to replace a lost instrument or other valuable document with a surety bond, SuretyGroup.com can help.

    How Much Will This Bond Cost?

    The cost of the premium that you pay can depend on whether you need a fixed penalty or an open penalty lost instrument bond and the value of the instrument which is the bond amount that will be needed. Fixed and open penalty bonds start as low as 1.5% with good credit. Our Surety Bond Specialists can provide you with a free, no-obligation quote that fits your specific situation.

    Related Links:

    Texas Unclaimed Property

    More 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.

    DownloadApplication

    For a downloadable application