Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 57a-8-206 — South Dakota Law | CourtGPT
  1. Home/
  2. Laws/
  3. South Dakota/
  4. Title 57a - Uniform Commercial Code/
  5. Chapter 08 - Investment Securities/
  6. § 57a-8-206
South Dakota Legal Code

§ 57a-8-206

Ask AI about this
57A-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. Source: SL 1998, ch 284, §1.