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SB-207Lost InstrumentLost Instrument Application SB-207 When NeededOwners of lost, stolen or destroyed securities file the bond to indemnify the issuer of the securities against loss resulting from furnishing duplicates of the lost instruments. DesirabilityGenerally desirable for reputable and financially responsible applicants, where the lost securities are not negotiable, and where no form of assignment, either printed on the securities or as a separate instrument, has been signed in blank. A 90 day waiting period is desired before the bond is issued. Bond FormsWhere a special form of lost security bond is required, submit the bond form along with the completed application. Company bond forms are available for use where a standard form is acceptable to the obligee (issuer of the instrument). |
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