Del. Code tit. 6 § 8-206

Current through 2024 Legislative Session Act Chapter 531
Section 8-206 - Completion or alteration of certificated security
(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.

6 Del. C. § 8-206

5A Del. C. 1953, § 8-206; 55 Del. Laws, c. 349; 64 Del. Laws, c. 152, §6; 71 Del. Laws, c. 75, § 1.;