Iowa § 554.8206 Completion or alteration of security certificate

Iowa Statutes

§ 554.8206 — Completion or alteration of security certificate

Iowa § 554.8206

Title XIIICOMMERCE

Ch. 554UNIFORM COMMERCIAL CODE

This text of Iowa § 554.8206 (Completion or alteration of security certificate) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 554.8206 (2026).

Text

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.

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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.

Legislative History

[S13, §3060-a14, -a15, -a124; C24, 27, 31, 35, 39, §9474, 9475, 9585; C46, §541.14, 541.15, 541.25; C50, 54, 58, 62, §493A.16, 541.14, 541.15, 541.125; C66, 71, 73, 75, 77, 79, 81, §554.8206]