Title 70A - Uniform Commercial Code - Chapter 8 - Uniform Commercial Code - Investment Securities - Part 2 - Issue and Issuer - Section 206 - Completion or alteration of security certificate.

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Utah Code

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70A-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: (a) any person may complete it by filling in the blanks as authorized; and (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 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.

Repealed and Re-enacted by Chapter 204, 1996 General Session