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Idaho Code § 28-8-206

Completion or alteration of security certificate

Known as the Uniform Commercial Code

The act spans §§ 28–28 (405 sections).

(1) If a security certificate contains the signatures necessary to its issue or transfer but is incomplete in any other respect: 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.

(3) A complete security certificate that has been improperly altered, even if fraudulently, remains enforceable, but only according to its original terms.

Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.