Wisconsin § 408.206 Completion or alteration of security certificate.

Wisconsin Statutes

§ 408.206 — Completion or alteration of security certificate.

Wisconsin § 408.206

Ch. 408Uniform commercial code — investment securities

Subch.subch. II of ch. 408 SUBCHAPTER II

ISSUE AND ISSUER

This text of Wisconsin § 408.206 (Completion or alteration of security certificate.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 408.206 (2026).

Text

206
206(1) (1) If a security certificate contains the signatures necessary to its issue or transfer but is incomplete in any other respect:
206(1)(a) (a) Any person may complete it by filling in the blanks as authorized; and
206(1)(b) (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.
206(2) (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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408.206
408.206(1) (1) If a security certificate contains the signatures necessary to its issue or transfer but is incomplete in any other respect:
408.206(1)(a) (a) Any person may complete it by filling in the blanks as authorized; and
408.206(1)(b) (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.
408.206(2) (2) A complete security certificate that has been improperly altered, even if fraudulently, remains enforceable, but only according to its original terms.