Oklahoma Statutes
§ 12A-8-206 — Completion or Alteration of Security Certificate.
Oklahoma·Title 12A Uniform Commercial Code
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.
Free access — add to your briefcase to read the full text and ask questions with AI
Oklahoma § 12A-8-206 (Completion or Alteration of Security Certificate.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Laws 1961, p. 154, § 8-206. Amended by Laws 1984, c. 76, § 15, eff. Nov. 1, 1984; Laws 1995, c. 242, § 22, eff. Feb. 1, 1996.
Nearby Sections
15
§ 12A-1-101
Short titles.§ 12A-1-102
Scope of article.§ 12A-1-104
Construction against implicit repeal.§ 12A-1-106
Use of singular and plural - Gender.§ 12A-1-107
Section captions.§ 12A-1-108
Repealed§ 12A-1-108.1
Relationship to Electronic Signatures in Global and§ 12A-1-202
Notice - Knowledge.§ 12A-1-203
Lease distinguished from security interest.§ 12A-1-204
"Value".§ 12A-1-205
Reasonable time - Seasonableness.§ 12A-1-206
Presumptions.