State Codes and Statutes
Statutes > Wisconsin > 408 > 408.206408.206
408.206 Completion or alteration of security certificate.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; and408.206(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.408.206 - ANNOT.
History: 1997 a. 297.