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Code · Pennsylvania · Title 13 — COMMERCIAL CODE · Chapter 82

§ 8206. Completion or alteration of security certificate.

106 words·~1 min read·/pa/title-13/chapter-82/8206

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§ 8206. Completion or alteration of security certificate.
(a)Completion of security certificate.-- 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)Enforceability of improperly altered security certificate.-- A complete security certificate that has been improperly altered, even if fraudulently, remains enforceable, but only according to its original terms.
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