Section 72-16-62 - Lost or destroyed securities. - New Mexico Statutes

72-16-62. Lost or destroyed securities.

If lost or completely destroyed, any security may be reissued in the form and tenor of the lost or destroyed security upon the owner furnishing, to the satisfaction of the board:   

A.     proof of ownership;   

B.     proof of loss or destruction;   

C.     a surety bond in twice the face amount of the security and any coupons; and   

D.     payment of the cost of preparing and issuing the new security.