13 CFR §120.651
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (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.