§ 8–206
Statutes in effect as of October 1, 2026.
Md. Code Ann., Com. Law § 8-206 (2026)
Title 8. Investment Securities
Subtitle 2. Issue and Issuer
§ 8–206LinkCopy Citation
(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.