It shall and may be lawful for the State Treasurer to issue, or cause to be issued, a replacement bond or certificate of debt of this Commonwealth, in lieu of any bond or certificate of such debt lost or destroyed, on satisfactory proof being made of such loss or destruction and on such indemnity being given as he shall require, such replacement bond or certificate being of the same tenor with the one alleged to be lost or destroyed and certificate shall be signed in the manner heretofore provided by law.
72 P.S. § 308.2