Statute · New York Uniform Commercial Code
N.Y. U.C.C. Law § 8-206 — Completion or Alteration of Security Certificate
N.Y. U.C.C. Law § 8-206
- Type
- Statute
- Source
- New York Uniform Commercial Code
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
Section 8--206. Completion or Alteration of Security Certificate.
Citator
N.Y. U.C.C. Law § 8-206 — Completion or Alteration of Security Certificate is in force in the current edition of the Code, and nothing recorded condemns it.
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.