Ca_Law

statute | California

Commercial Code - COM - COM § 8206

  • UIDca_leginfo_codes:com-8206
  • CitationCommercial Code - COM - COM § 8206
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

(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 secur

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.

Retrieval chunks

  • #1 | Commercial Code - COM - COM § 8206

    (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 en…