GroundRules
← Search the law
Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Business & Commerce Code § 8.206: COMPLETION OR ALTERATION OF SECURITY CERTIFICATE.

Read at publisher ↗
Where this section sits in the code
  1. BUSINESS AND COMMERCE CODE
  2. TITLE 1. UNIFORM COMMERCIAL CODE
  3. CHAPTER 8. INVESTMENT SECURITIES
  4. SUBCHAPTER B. 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.

Amended by Acts 1995, 74th Leg., ch. 962, Sec. 1, eff. Sept. 1, 1995.

Collected 2026-08-27T01:46:56Z. Source file · JSON

Browse this collection