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Searching 2023-2024 Session

The Vermont Statutes Online

The Vermont Statutes Online does not include the actions of the 2024 session of the General Assembly. We expect them to be updated by November 1st.

NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.

Title 9A : Uniform Commercial Code

Article 008 : Investment Securities

(Cite as: 9A V.S.A. § 8-206)
  • § 8—206. 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. (Added 1995, No. 92 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)