RS 10:8-206 — United States — Louisiana law | Esheria

RS 10:8-206

A person may fill in blanks in an incomplete security certificate if it already has the signatures needed for issue or transfer. A purchaser who took it for value and without notice can enforce it even if the blanks were filled in incorrectly. An improperly altered complete certificate remains enforceable only on its o

Jurisdiction
United States — Louisiana
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Official source
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alteration security certificates transfer

Statute overview

About this statute

A person may fill in blanks in an incomplete security certificate if it already has the signatures needed for issue or transfer. A purchaser who took it for value and without notice can enforce it even if the blanks were filled in incorrectly. An improperly altered complete certificate remains enforceable only on its original terms.

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