N.Y. Uniform Commercial Code Law Section 8-206
Completion or Alteration of Security Certificate

Section 8--206. Completion or Alteration of Security Certificate.

(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.

Source: Section 8-206 — Completion or Alteration of Security Certificate, https://www.­nysenate.­gov/legislation/laws/UCC/8-206 (updated Sep. 22, 2014; accessed May 4, 2024).

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Accessed:
May 4, 2024

Last modified:
Sep. 22, 2014

§ 8-206’s source at nysenate​.gov

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