CA Com Code Section 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 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.
Last Updated

Aug. 19, 2023

§ 8206’s source at ca​.gov