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When Do You Need a Lost Instrument Bond in Texas?

A stock certificate, which is a common Lost Instrument

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. Our Surety Bond Specialists can provide you with bond services, a no-obligation free quote.

    Contact SuretyGroup.com

    Speak to one of our Surety Bond Specialists today at:

    Phone: 1‑844‑432‑6637
    Fax:     404-351-3237
    Hours: 8:00-5:00 CST, Monday through Friday

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