Minnesota Statutes

§ 336.8-114 — 336.8-114 EVIDENTIARY RULES CONCERNING CERTIFICATED SECURITIES.

Minnesota § 336.8-114
JurisdictionMinnesota
PartTRADE REGULATIONS, CONSUMER PROTECTION
Ch. 336UNIFORM COMMERCIAL CODE

This text of Minnesota § 336.8-114 (336.8-114 EVIDENTIARY RULES CONCERNING CERTIFICATED SECURITIES.) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Minn. Stat. § 336.8-114 (2026).

Text

The following rules apply in an action on a certificated security against the issuer:

(1)Unless specifically denied in the pleadings, each signature on a security certificate or in a necessary endorsement is admitted.
(2)If the effectiveness of a signature is put in issue, the burden of establishing effectiveness is on the party claiming under the signature, but the signature is presumed to be genuine or authorized.
(3)If signatures on a security certificate are admitted or established, production of the certificate entitles a holder to recover on it unless the defendant establishes a defense or a defect going to the validity of the security.
(4)If it is shown that a defense or defect exists, the plaintiff has the burden of establishing that the plaintiff or some person under whom the

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Legislative History

1995 c 194 art 1 s 14

Nearby Sections

15
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Cite This Page — Counsel Stack

Bluebook (online)
Minnesota § 336.8-114, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/336/336.8-114.