What legal form do I need to complete the buy/sell of company stocks?
A stock purchase agreement is an agreement wherein the owner of shares of stock agrees to sell the stock to a buyer. Regardless of whether a shareholder loses his or her stock certificate, that person still owns the shares. However, in order to replace the physical certificate, the shareholder must contact the company's stock transfer agent.
The corporation should be able to provide the shareholder with information on how to contact the transfer agent. The best strategy is to contact the company's investor relations department. The transfer agent will place what is called a "stop transfer" on the certificate after being notified of the loss to prevent others from cashing it in. The transfer agent or the broker-dealer will then notify the SEC of the lost or missing certificates. Once the shareholder
provides required information and purchases an indemnity bond, a new certificate will be issued.