Title 11, Chapter 8, Section 206
( 11-8-206)
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. |