Md. Code, Commercial Law § 8-206

§8–206.

Year: 2026Length: 87 wordsSubsections: 2Official source
(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.
Md. Code, Commercial Law § 8-206: §8–206. | Justis AI