Minn. Stat. § 336.8-206

Current through Register Vol. 49, No. 8, August 19, 2024
Section 336.8-206 - 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.

Minn. Stat. § 336.8-206

1995 c 194 art 1 s 22