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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 336.8-206: COMPLETION OR ALTERATION OF SECURITY CERTIFICATE.

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Where this section sits in the code
  1. TRADE REGULATIONS, CONSUMER PROTECTION
  2. CHAPTER 336. UNIFORM COMMERCIAL CODE
  3. Revised Article 8 INVESTMENT SECURITIES
  4. Part 2 ISSUE - 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 2026-09-02T22:10:43Z. Source file · JSON

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