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Idaho Code · § 28-8-206 — Completion or alteration of security certificate

28-8-206. 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.

Source notes
History and annotations

28-8-206, added 1995, ch. 272, sec. 2, p. 887.

Official source for this version

Source captured 2026-09-26. Open the official source.

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