Cal. Commercial Code § 8206
Cal. Commercial Code § 8206
California · California Commercial Code · Status: effective · Effective 1997-01-01
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- Citation
- Cal. Commercial Code § 8206, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/790571
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Full text
(a) If a security certificate contains the signatures necessary to its issue or transfer but is incomplete in any other respect, the following apply:
(1) Any person may complete it by filling in the blanks as authorized.
(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.