Can you summarize MNST 336.8-206?

Short Summary

336.8-206 MS 1994 [Repealed, 1995 c 194 art 1 s 53] 336.8-206 COMPLETION OR ALTERATION OF SECURITY CERTIFICATE.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. History: 1995 c 194 art 1 s 22

Jurisdiction

Minnesota

Source

• Wealth Management