Issue of share certificates: board approval and surrender requirements, with provisions for duplicates and custodial jumbo certificates. Share certificates shall be issued only pursuant to a Board resolution and on surrender of the letter of allotment or fractional coupons, except for issues against letters of acceptance or renunciation or bonus shares; lost allotment letters permit the Board to require evidence, indemnity and out of pocket expense payment. Replacement, subdivision or consolidation certificates require surrender of the original, and the company may levy a small fee; duplicate certificates for lost or destroyed originals need prior Board consent and may be subject to fee and reasonable evidence and indemnity conditions. OTC listed companies may issue a jumbo certificate to a Custodian with counter receipts to allottees.