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Idaho · Through 2026 Legislative Session

Idaho Code § 28-8-206: Completion or alteration of security certificate.

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Where this section sits in the code
  1. TITLE 28 COMMERCIAL TRANSACTIONS
  2. CHAPTER 8 INVESTMENT SECURITIES
  3. PART 2. ISSUE AND ISSUER

(1) If a security certificate contains the signatures necessary to its issue or transfer but is incomplete in any other respect:

(a) Any person may complete it by filling in the blanks as authorized; and

(b) 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.

(2) A complete security certificate that has been improperly altered, even if fraudulently, remains enforceable, but only according to its original terms.

Collected 2026-09-04T11:18:18Z. Source file · JSON

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