☰ Revisor of Missouri

Title XXVI TRADE AND COMMERCE

Chapter 400

< > Effective - 28 Aug 1997 bottom

  400.8-206.  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.

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(L. 1963 p. 503 § 8-206, A.L. 1992 S.B. 448, A.L. 1997 S.B. 6)


---- end of effective  28 Aug 1997 ----

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