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Indemnity

Indemnity Bond and Affidavit

What it is

An indemnity bond is a written promise that protects the company and its registrar if someone else later claims the same shares. It’s most often needed when you ask for a duplicate of a lost certificate. It usually goes with an affidavit, a sworn statement explaining what happened to the original certificate. Both are usually signed on stamp paper, and the value depends on your state.

When you need it

You’re asking for a duplicate after the original was lost or destroyed.

The registrar wants a promise before releasing shares because some papers are missing.

Some links in the paper trail can’t be filled.

When you don’t

You still have the original certificates.

The shares are already in demat, so there’s no certificate to replace.

Where This Fits in Your Claim

Services that need it

Guides that use this

Problems this solves

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