---
kind: "section"
citation: "13 C.F.R. § 120.651"
title: "13"
number: "120.651"
heading: "Claim to FTA by Registered Holder to replace Certificate."
url: "https://uscodex.org/cfr/13/120.651"
---

# §120.651. Claim to FTA by Registered Holder to replace Certificate.

- (a) To replace a Certificate because of loss, theft, destruction, mutilation, or defacement, the Registered Holder must:
  - (1) Give the FTA information about the Certificate and the facts relating to the claim;
  - (2) File an indemnity bond acceptable to SBA and the FTA with a surety to protect the interests of SBA and the FTA;
  - (3) Pay the FTA its fee to replace a Certificate; and
  - (4) **Use an affidavit of loss (form available from the FTA) to report—**
    - (i) The name and address of the Registered Holder (and the name and capacity of any representative actually filing the claim);
    - (ii) The Certificate by Pool number, if applicable;
    - (iii) The Certificate number;
    - (iv) The original principal amount;
    - (v) The name in which the Certificate was registered;
    - (vi) Any assignment, endorsement or other writing on the Certificate; and
    - (vii) **A statement of the circumstances of the theft or loss.**
- (b) When the FTA receives notice of the theft or loss, it will stop any transfer of the Certificate. The Registered Holder must send to the FTA all available portions of a mutilated or defaced Certificate. When the Registered Holder completes these steps, the FTA will replace the Certificate.

## Notes

### Authority

Authority: 15 U.S.C. 634(b) (6), (b) (7), (b) (14), (h), and note, 636(a), (h) and (m), 650, 687(f), 696(3) and (7), and 697(a) and (e); sec. 521, Pub. L. 114-113, 129 Stat. 2242; sec. 328(a), Pub. L. 116-260, 134 Stat. 1182.

### Source

Source: 61 FR 3235, Jan. 31, 1996, unless otherwise noted.