D.C. Code § 28:8-206: Completion or alteration of security certificate.
Where this section sits in the code
- Title 28. Commercial Instruments and Transactions. [Enacted title]
- Subtitle I. Uniform Commercial Code.
- Article 8. Investment Securities.
- Part II. Issue and Issuer.
(a)
If a security certificate contains the signatures necessary to its issue or transfer but is incomplete in any other respect:
(1)
Any person may complete it by filling in the blanks as authorized; and
(2)
Even if the blanks are incorrectly filled in, the security certificate as completed is enforceable by a purchaser who took it for value and without notice of the incorrectness.
(b)
A complete security certificate that has been improperly altered, even if fraudulently, remains enforceable, but only according to its original terms.
Collected 2026-08-29T05:44:07Z. Source file · JSON