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Completion or alteration of security certificate

9A V.S.A. § 8—206
in effect
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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. Added 1995, No. 92 (Adj. Sess.), § 1, eff. Jan. 1, 1997.
Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/section/09A/008/00206Fetched: 10/21/2026

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