Minnesota Statutes 336.8-206 – Completion or Alteration of Security Certificate
Current as of: 2023 | Check for updates
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(a) If a security certificate contains the signatures necessary to its issue or transfer but is incomplete in any other respect:
Terms Used In Minnesota Statutes 336.8-206
- Person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Minnesota Statutes 645.44
(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.