Section 8--206. Completion or Alteration of Security Certificate  


Latest version.
  • (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.