11 M.R.S. §8-1206: Completion or alteration of security certificate
Where this section sits in the code
- TITLE 11: UNIFORM COMMERCIAL CODE
- 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 2026-09-04T15:12:25Z. Source file · JSON