30-8-216: Completion of alteration of security certificate.
Where this section sits in the code
- TITLE 30. TRADE AND COMMERCE
- CHAPTER 8. UNIFORM COMMERCIAL CODE INVESTMENT SECURITIES
- 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 2026-09-14T04:51:02Z. Source file · JSON