Delaware Code Title 6. Commerce and Trade § 8-206. Completion or alteration of certificated security
Current as of January 01, 2022 | Updated by FindLaw Staff
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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:
(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.
Cite this article: FindLaw.com - Delaware Code Title 6. Commerce and Trade § 8-206. Completion or alteration of certificated security - last updated January 01, 2022 | https://codes.findlaw.com/de/title-6-commerce-and-trade/de-code-sect-6-206-nr8/
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