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2009 Kentucky Revised Statutes
Article 8 Investment Securities
355.8.206 Completion or alteration of security certificate.

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355.8-206 Completion or alteration of security certificate. (1) If a security certificate contains the signatures necessary to its issue or transfer but is incomplete in any other respect: <br>(a) Any person may complete it by filling in the blanks as authorized; and <br>(b) 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 <br>notice of the incorrectness. (2) A complete security certificate that has been improperly altered, even if fraudulently, remains enforceable, but only according to its original terms. Effective: January 1, 1997 <br>History: Repealed and reenacted 1996 Ky. Acts ch. 130, sec. 135, effective January 1, 1997. -- Amended 1986 Ky. Acts ch. 118, sec. 22, effective July 1, 1987. -- Created <br>1958 Ky. Acts ch. 77, sec. 8-206, effective July 1, 1960.

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