Wis. Stat. § 408.206: Completion or alteration of security certificate.
Where this section sits in the code
- Chs. 401-411, Uniform Commercial Code
- Chapter 408 Uniform Commercial Code — Investment Securities
- SUBCHAPTER II 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 2026-09-05T12:01:22Z. Source file · JSON