Lost Instrument Bond (Closed Penalty)
Replace lost Florida instruments with closed-penalty surety
Financial institutions and issuers often require a lost-instrument bond before reissuing Florida securities or instruments.
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A closed-penalty lost instrument bond protects the issuer against double presentation of a lost instrument up to a fixed penalty.
The surety bond guarantees that the principal will perform the duties required under Issuer requirements - UCC lost-instrument practice up to the penal sum.
A claim may arise if the principal fails to comply with the bonded Florida obligation or causes covered loss to the obligee or protected parties.
If a claim is valid, the surety may pay up to the bond penalty according to the bond terms; the principal remains liable to reimburse the surety.
Amount, premium, term, and the authority that requires this filing.
Owners seeking reissuance of lost stock certificates, bonds, or similar instruments when the issuer requires surety.
Match issuer form, instrument description, and closed penalty amount.
Share your license type, court order, or obligee form and the exact penal sum required by Issuing institution - transfer agent.
We review credit and filing details, then quote premium options through licensed surety markets.
Once approved, we issue the bond for delivery to Issuing institution or transfer agent or for your Florida filing package.
The amount is Closed penalty set by the issuer (often a multiple of instrument value), as set under Issuer requirements - UCC lost-instrument practice and confirmed with Issuing institution - transfer agent.
The obligee is typically Issuing institution or transfer agent. Always match the exact name on the Florida form.
Many Florida filings can be underwritten the same day when documents and credit are complete; complex amounts may take longer.
Not always. Premium and collateral options vary by credit and bond size — ask for markets that still write the risk.
Most bonds renew on the term shown (1 Year). Keep continuity so your Florida license or filing does not lapse.
Next step
We’ll match the requirement and route the application.
Apply for this bond