(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.
Section: Previous 4-8-202 4-8-203 4-8-204 4-8-205 4-8-206 4-8-207 4-8-208 4-8-209 4-8-210 NextLast modified: November 15, 2016