If a share certificate is lost, destroyed, or stolen, the ownership of the shareholder is destroyed.

Question

Quizplus · Accepted Answer

The ownership of the shareholder is not destroyed, but the share certificate itself represents the ownership and without it, the shareholder may have difficulty proving their ownership. In such cases, the shareholder can request a replacement certificate from the company's transfer agent or registrar.

If a Share Certificate Is Lost, Destroyed, or Stolen, the Ownership